CA Final| IND AS 12 I Income Taxes I Concepts - Current & Deferred Taxes

Ind AS 12 Income Taxes gives the accounting treatment for income taxes for both current and deferred taxes. This Standard requires an entity to account for the tax consequences of transactions and other events in the same way that it accounts for the transactions and other events themselves. This video helps you understand the related concepts of Current Tax Asset / Liability; Deferred Tax, T; ax base ; Taxable / Deductible Temporary Differences; Temporary Vs. Timing Differences; Creation of Deferred Tax Assets. #indigolearn #CA #indas #incometax Download our app for Free MCQs, Free Notes, Free videos and amazing online classes for CA Foundation, CA Inter & CA Final http://bit.ly/IL1FIN For courses / modules for CA Foundation, CA Inter, CA IPCC, CA Final, CMA, CPA, CS please visit https://www.indigolearn.com or reach out to us at + 91 9640 11111 0