CV

Financial Reporting

Ch 6 · Ind AS 12 — Income Taxes

5 concept points · 4 formulas · 4 exam-critical points.

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Concept
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Chart Summary
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Formula Sheet
Important Points

🧮 Formula sheet

  1. 1.DTL = Taxable Temp Diff × Tax Rate
  2. 2.DTA = Deductible Temp Diff × Tax Rate
  3. 3.Tax Base of Asset = Future deductible amount
  4. 4.Effective Tax Rate = Total Tax Expense / Profit Before Tax

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