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Source: https://margcompusoft.com/m/deferred-tax-asset-and-deferred-tax-liability/

Category: Business

Tags: deferred income tax

Deferred Tax Asset (DTA) and Deferred Taxes Liability (DTA) plays a huge role in financial statements. Deferred Income Tax is a liability mentioned in the balance sheet due to the difference in income between accounting methods and tax laws. To understand it please go through the blog.

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