https://www.taxtmi.com/forum/issue?id=4402 Reconciling accounting and tax bases to determine deferred tax requires identifying timing differences from differing depreciation and preliminary expense treatments, quantifying each temporary difference (net book versus tax base and unamortised preliminary expenses), and applying the tax rate to compute deferred tax assets or liabilities; journal entries should recognise the deferred tax charge or credit in profit or loss and the corresponding deferred tax balance in the balance sheet. en-us Sat, 21 Jul 2012 13:26:50 +0530 Thu, 23 Jan 2025 15:57:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=4402 Reconciling accounting and tax bases to determine deferred tax requires identifying timing differences from differing depreciation and preliminary expense treatments, quantifying each temporary difference (net book versus tax base and unamortised preliminary expenses), and applying the tax rate to compute deferred tax assets or liabilities; journal entries should recognise the deferred tax charge or credit in profit or loss and the corresponding deferred tax balance in the balance sheet. Discussion-Forum Companies Law Sat, 21 Jul 2012 13:26:50 +0530 https://www.taxtmi.com/forum/issue?id=4402