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Deferred Tax assets and Deferred Tax Liabilities, Do these assets and liabilities generate/expend cash?

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تم إضافة السؤال من قبل Khalid Noor , Accounting Manager , FedEx
تاريخ النشر: 2013/09/20
mukkur srinivasan varadhan
من قبل mukkur srinivasan varadhan , Chartered Accountant , Chartered Accountant in practice

No.deferred tax assets and liabilities arise due to the difference between accounting and tax provisions in various accounts heads like depreciation, losses set off and carry forward etc.,These donot generate /expend cash.

Yusuf Dalal
من قبل Yusuf Dalal , General Accountant. , Gmamco Contracting LLC

No, Neither the deferred tax assets or liabilities generates/expends cash...