IFRS in India - jb nagar cpe study circle of wirc of icai

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IFRS in India – Its Status, Overview of Concepts and Impact in IndiaAnnexure 1: Concepts relatively new in Indian GAAPDeferred taxesTemporary differenceAll of the temporary differences will give rise to deferred tax balancesException: Some are specifically exempted from recognition in the standardTemporaryDifferencesTAXABLE TEMPORARY DIFFERENCEgive rise to future taxable amountsDEDUCTIBLE TEMPORARY DIFFERENCEgive rise to future tax deductible amountsRakesh Agarwal Slide 46
IFRS in India – Its Status, Overview of Concepts and Impact in IndiaAnnexure 1: Concepts relatively new in Indian GAAPDeferred taxesDeferred Tax Asset RecognitionSufficient DTL availablerelating to same tax authorityand same entityin same periodnoProbable sufficient taxable profitto same tax authorityand same entityin period of DTA reversalyesyesRecognise DTAnoTax planning opportunitiesavailable to create taxable profits?yesnoNo recognition of DTARakesh Agarwal Slide 47
Page 3 and 4: Transitioning to IFRSIFRS across th
Page 5 and 6: The Preface and The FrameworkPrefac
Page 7 and 8: IFRS in India - Its Status, Overvie
Page 17 and 18: Essentials of IFRSConversion Approa
Page 27 and 28: Rakesh AgarwalPreparation ofIFRS fi
Page 45: IFRS in India - Its Status, Overvie
Page 91 and 92: Annexure 3Select IFRS tools andpubl

IFRS in India - jb nagar cpe study circle of wirc of icai

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