A deferred tax asset should never be recognized in relation to unused tax losses carried forward for deduction against future taxable profits, is this true or false?

Deferred Tax asset is recognized only on temporary timing difference between  Taxable income under income tax act and Companies Income under books of accounts. If income tax Profit is higher Deferred tax asset should be created and subsequently it is reversed when the income tax income is lower.

If the losses arises due to temporary timing differences Deferred tax asset should be created. unless it is ignore for DTA computation.