Deferred income refers to unconfirmed income or income, which can also be said to be temporarily unconfirmed income. It is the application of accrual basis in revenue recognition. Compared with international accounting standards, the scope of application of deferred revenue in China's accounting standards and enterprise accounting system is very limited, mainly reflected in the relevant contents of leasing standards and income standards. It refers to the unconfirmed income or income, or it can be said that it is temporarily unconfirmed income. It is the application of accrual basis in revenue recognition. Compared with international accounting standards, in China's accounting standards and enterprise accounting system, the scope of application of deferred revenue is very limited, mainly in terms of leasing standards and income. 1. Generally speaking, the amount of tax paid in accounting is inconsistent with the amount determined by the tax bureau, and it is temporarily (later confirmed by the tax bureau) deferred income tax.

2. Deferred income tax means that when the taxable income of a joint venture and the total accounting profit appear in timing difference, in order to adjust the accounting difference, income tax can be accrued from the total book profit and charged as the total profit, and the income tax payable is calculated according to the provisions of the tax law. The difference between the two is called deferred income tax.

3. According to this accounting method, the joint venture needs to set up the subject of "deferred income tax" for accounting. After the time difference disappears completely, the balance of undergraduate programs will also be zero.

Deferred income tax and deferred income tax expenses are not accounting subjects. Deferred income tax expenses are credited when deferred income tax assets are recognized or deferred income tax liabilities are reversed. At this time, income tax expenses are reduced or deferred income tax income is formed. Deferred income tax = decrease in deferred income tax liabilities+increase in deferred income tax assets.

Legal basis: Law of People's Republic of China (PRC) Municipality on the Administration of Tax Collection Article 1 This Law is formulated in order to strengthen the administration of tax collection, standardize tax collection, safeguard national tax revenue, protect the legitimate rights and interests of taxpayers and promote economic and social development. Article 2 This Law is applicable to the collection and management of various taxes collected by tax authorities according to law. Article 3 The collection, suspension, reduction, exemption, refund and supplementary payment of taxes shall be carried out in accordance with the law. Where the State Council is authorized by law, it shall be implemented in accordance with the administrative regulations formulated by the State Council.