New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Deferred Tax Liabilities’ is shown under which of the

    following heads in a Balance sheet as per the format given in Companies Act, 2013?
    A Shareholders’ fund Correct Answer Incorrect Answer
    B Non-current Liabilities Correct Answer Incorrect Answer
    C Current liabilities Correct Answer Incorrect Answer
    D Current Assets Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Deferred Tax Liabilities (net) is shown under non-current liabilities. If the balance is deferred tax assets (net) then it will be shown under non-current assets.

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