alleryStart learning →For unrecognised subsidiary-investment liabilities, disclose the:
AAggregate temporary differences
BParent's total net worth
CDirectors list of subsidiary
DTax authority address
Answer & Solution
Correct answer: A. Aggregate temporary differences
The aggregate temporary differences are disclosed because computing the unrecognised liability is often impracticable.
Keep practising Ind AS 12 Income Taxes
Browse all Ind AS 12 Income Taxes questions for CA Final, or explore more Financialreporting topics.
Related questions
Deferred tax accounting is relevant to which accounting principle?A permanent difference in accounting versus tax treatment gives rise to:Tax-related contingent liabilities, such as disputes with tax authorities, follow:An entity's accounting profit is Rs. 2,500 and the domestic rate is 30%. Tax at the domestThe average effective tax rate equals tax expense divided by:What can make tax expense differ from profit times the rate?A deferred tax asset reliant on future profits needs evidence disclosure when the entity hFor unrecognised deductible temporary differences and unused losses, disclosure covers the