I haven’t analysed adani stocks in particular but deferred tax arises due to time difference and as a result either they will create DTA or DTL, basically either they pay tax in advance(DTA) and when they reverses it later on taxes might become negative or vice versa
Every company has some DTA/DTL but there might be cases that they are not as large as adani does and basic meaning is that this are created due to differences in income tax rules and accounting rules
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