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Free tool · Ind AS 12

Ind AS 12 deferred tax worksheet

List each asset and liability with its carrying amount and tax base, and get deferred tax assets and liabilities, the movement and the P&L and OCI split.

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For computation and reconciliation assistance only; not a substitute for formal statutory audit or legal tax advice. Type your own tax rate: the tool holds no tax rates. It does not apply the initial recognition exemption, offsetting rules or the tests for investments in subsidiaries, so check those yourself.

Items

Deferred tax inputs
ItemTypeCarrying amountTax base (or loss)ThroughDTA probable?Opening DT (+DTA, −DTL)Remove

Everything runs in your browser. Nothing you type or open is uploaded, saved or sent. Amounts can be in any unit (₹, ₹ lakh or ₹ crore), as long as you use one unit throughout.

Deferred tax assets
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Deferred tax liabilities
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Net position
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Through profit or loss
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Through OCI
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DTA not recognised
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How it works

  • Asset: if the carrying amount is more than the tax base, the difference is taxable and gives a deferred tax liability. If it is less, it gives a deferred tax asset.
  • Liability: the other way round. A provision in the books that is deductible only when paid (tax base nil) gives a deferred tax asset.
  • Tax loss: type the unused loss or credit in the tax base column.
  • A deferred tax asset is recognised only if future taxable profit is probable (Ind AS 12, paragraphs 24 and 34). Choose "No" to hold it back.
  • Movement = closing deferred tax − opening. Items that are recognised in OCI or directly in equity take their deferred tax there too (paragraph 61A).

The 25% in the box is only a placeholder. Type the rate that applies to you, including any surcharge and cess.

Last reviewed 25 October 2026. Spotted an error? Tell us and we will correct it.