Where this prohibition has the result that no deferred tax liabilities have been

foreseeable future the parent does not recognise a deferred tax

Under both analyses, there is no deferred tax asset.

The entity does not recognise the deferred tax liability of 320 because it results from the initial recognition of the asset.

The entity does not recognise the deferred tax liability of 320 because it results from the initial recognition of the asset.

Revaluation of deferred income tax liability to reflect future statutory income tax rates 28 (5 ) n/m 28 (4 ) n/m

The entity does not recognise the deferred tax liability of Rs 320 because it results from the initial recognition of the asset.

The entity does not recognise the deferred tax liability of $320 because it results from the initial recognition of the asset.

For 2016, it understated its deferred tax liability and income tax expense which resulted in an overstatement of its net income by $399.1 million.

As at April 30, 2014, we had a deferred tax asset of $536 million (October 31, 2013: $526 million) and a deferred tax liability of $30 million (October 31, 2013: $33 million).

The entity does not recognise the resulting deferred tax liability of 400 because it results from the initial recognition of the asset.

The entity does not recognise the resulting deferred tax liability of $400 because it results from the initial recognition of the asset.

Accordingly, the Company’s deferred tax assets and liabilities were required to be remeasured in the fourth quarter of 2017 resulting in a preliminary estimated non-cash deferred tax benefit of approximately $62 million.

If the entity expects to recover the carrying amount by selling the item immediately for proceeds of 150, the deferred tax liability is computed as follows

the amount of any associated deferred tax liability which could be extinguished if the assets became impaired or were derecognised under the applicable accounting framework