Question: I need the answer as soon as possible 31 December 2015 Profits were taxed at 30%. A Limited recognised a deferred tax liability of Rs.

I need the answer as soon as possible

31 December 2015 Profits were taxed at 30%. A Limited recognised a deferred tax liability of Rs. 30,000 (it had temporary differences of Rs. 100,000). 31 December 2016 The tax rate changed to 25% during the year. At the year-end A Limited carried out the following deferred tax calculation: Carrying Temporary amount Tax base difference Rs. Rs. Rs. Non-current assets 1,000,000 820,000 180,000 Deferred tax at 25% 45,000

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