Under IFRS deferred tax assets are recognized for
I.Deductible temporary differences.
II.Deductible permanent differences.
III.Operating loss carryforwards.
IV.Operating loss carrybacks.

Question

Quizplus · Accepted Answer

Deferred tax assets are recognized for deductible temporary differences and operating loss carryforwards under IFRS. Permanent differences do not give rise to deferred tax assets.

Under IFRS Deferred Tax Assets Are Recognized for