Ch 2 · FR + Tax Integration

📘 Core concepts

1. 1Ind AS impact on deferred tax — significant due to fair value, ECL, lease accounting.
2. 2ICDS (Income Computation & Disclosure Standards) — divergence from Ind AS/AS for tax.
3. 3Sec 115JB — book profit MAT computation aligned with Ind AS adjustments.
4. 4Sale of subsidiary — capital gains (slump sale Sec 50B) + Ind AS 110 deconsolidation.
5. 5ESOP — Ind AS 102 expense vs tax deduction at perquisite valuation.