Lecture Links
This lecture discusses the basic concepts of the IND AS 12: Income Taxes like Current Taxes, Deferred Taxes, Taxable Temporary Difference, Deductible Temporary Difference, Deferred Tax Liability and Deferred Tax Asset.
Lecture 2 will cover topics like enacted and substantive enacted rates, Offsetting Current Tax Asset and Liability, Calculation of Deferred Taxes, and Computation of Tax Base Asset and Liability wise.
Lecture 3 will cover Tax Base in case of Fair Value of Asset, Tax Base & Carrying Value of Goodwill, Deferred Tax on Initial Recognition of Asset or Liability and some ITFG Issues.
Lecture 4 will cover Deferred Tax in case of Revaluation of Asset. Also, it will cover the downwards revaluation cases.
Lecture 5 will cover the Temporary Differences in case of Investment in subsidiaries, branches and associates and interest in joint arrangements.
Lecture 6 will cover Deferred Tax arising from Business Combination
Lecture 7 will cover Deferred Tax arising from Share Based Payments
Lecture 8 will focus on presentation and disclosure required as per IND AS 12. Practical cases and live financials will be discussed in detail.