Question
An entity recognizes a remeasurement gain from a defined
benefit plan directly in OCI in the current year. Tax law in the jurisdiction allows a tax deduction for contributions only when actually paid, and there is no current tax impact this year. How should deferred tax be recognised for the OCI remeasurement gain?Solution
Ind AS 12 requires deferred tax effects of items recognised in OCI to be recognised in OCI when the tax arises from the same transaction/item. Even if deduction timing differs, the tax effect of the OCI item should be presented in OCI (unless specific exceptions apply).
Cider is prepared from
Muriate of potash is not suitable for which of the following crop?
The headquarter of Cotton Corporation of India is located at
Which type of grains can be stored in the Morai type traditional storage structure?
Recently, Indian Agriculture Research Institute (IARI) successfully tested two new dwarf varieties of Kalanamak rice – Pusa Narendra Kalanamak 1638, 1...
Which of the following can result in heterosis?
Iron in milk is
For proper control of weeds, it is always necessary to use Â
Polyphenolic compound present in coffee
Amount of water in 5 ha cm will be