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...Accounting standard as fortaxes on income contents objective scope paragraphs definitions recognition re assessment of unrecognised deferred tax assets measurement review presentation and disclosure transitional provisions illustrations issued this includes set in bold italic type plain which have equal authority indicate the main principles should be read context its general instructions contained part a annexure to notification is prescribe treatment for taxes one significant items statement profit loss an enterprise accordance with matching concept are accrued same period revenue expenses they relate such against poses special problems arising from fact that number cases taxable may significantly different divergence between arises due two reasons firstly there differences appearing considered or deductions purposes secondly amount respect particular item expense recognised applied determination saving related financial statements ofthisstandard taxesonincomeincludealldomestic forei...