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Why Deffered Tax not arise on initial recognition of God will?

Corporate Reporting
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Question added by Furqan Ahmed , Accounts Executive , Hotel One Pvt Ltd
Date Posted: 2014/09/30
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Furqan Ahmed
by Furqan Ahmed , Accounts Executive , Hotel One Pvt Ltd

Because as per IAS12 tax base and accounting value of Goodwill is same. so there is no temporary difference is arise on initial recognition. But in subsequent year this may arise due to impairment of Goodwill.

 

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