Ch 6 · Ind AS 12 — Income Taxes

📘 Core concepts

1. 1Current tax + Deferred tax = Total tax expense.
2. 2Deferred tax based on temporary differences (balance sheet approach).
3. 3Taxable temp diff → DTL; deductible temp diff & unused losses → DTA.
4. 4DTA recognised only if probable that future taxable profit will be available.
5. 5Tax base = amount attributable to asset/liability for tax purposes.