Keystone – December 11 Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Keystone – December 11 This topic has 0 replies, 1 voice, and was last updated 11 years ago by sarita82. Viewing 1 post (of 1 total) Author Posts November 21, 2014 at 3:50 am #211782 sarita82Member Topics: 11Replies: 23☆ Hi Mike When net asset is less than carrying amount, does not it mean that we have to reduce the tax? I’m so confused. Didn’t get the deferred tax concept. Explain please. Thanks Author Posts Viewing 1 post (of 1 total) You must be logged in to reply to this topic. Log In Username: Password: Keep me signed in Log In