Carry back and carry forward procedures for temporary differences are always applied, even when there are no temporary differences for deductible items, and there are no current income taxes payable.

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Quizplus · Accepted Answer

Carry back and carry forward procedures are related to the treatment of tax losses and not directly to temporary differences. Temporary differences are adjustments made to reconcile accounting profits with taxable profits, and they do not necessarily involve carry back or carry forward procedures unless they result in tax losses that can be carried to other periods.

Carry Back and Carry Forward Procedures for Temporary Differences Are