Economics · Accounting Standards
As per Accounting Standard (AS) 22, a Deferred Tax Liability arises when:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1There is an accounting loss but a positive taxable income
- 2Accounting income is equal to taxable income
- 3Accounting income is more than taxable income✓
- 4Accounting income is less than taxable income
Correct answer
Accounting income is more than taxable income
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