Tax Base of Assets vs Liabilities

So I get that for Assets, the following statement is true

(Carry Val – Tax base) x tax rate = net DTL created

My logic is that if Carrying Val > Tax Base, then naturally a DTL is created.

Am i right in assuming that the statement is reversed for tax base/carrying values of liabilities? Am I right in assuming that the below statement is true?

(Carry Val – Tax base) x tax rate = net DTA created

unfortunately, I am still stuck :frowning: can somebody help me on this please? a simple explanation would suffice

You entered the same formula twice

(Carry Val – Tax base) x tax rate =

I think this one below is for net DTA

(Tax Base-Carry Val) x tax rate= net DTA