deffered tax liablibilty is the liablility which arises due 
to the timing diferrence between income ascetainment 
between accounting as per books and accounting as per 
income tax

further deferred tax liablity are those liablity which will 
increase the future tax liablility.

a enterprise need to to be reasonable certain about the 
fututre profit prospect before accounting deferred tax.

Deffered tax liablity is a tax liablility arises because of 
differences in income as per books of accounts & as per 
income tax act.

This difference arises bcz of main two reasons, permanent 
difference & timing differences.

An account on a company's balance sheet that is a result of 
temporary differences between the company's accounting and 
tax carrying values, the anticipated and enacted income tax 
rate, and estimated taxes payable for the current year. 
This liability may or may not be realized during any given 
year, which makes the deferred status appropriate.

If the accounting income is more than the Taxable income, 
it means more Tax is payable.Hence,deferred tax liability 
is to be created by debiting to the Profit & loss A/c.