Deferred Tax liability refers to accounting liability arising from temporary differences between accounting profit and taxable profit that may result in future tax payment. It is non-operational but affects balance-sheet interpretation. In MSME underwriting, it is read as part of the financial assessment and is usually compared across periods, peers, banking conduct and management explanations. For example, the figure should be compared across years and reconciled with audited financials, GST data, bank statements and management explanations before it is used in a credit view. It matters because the number can influence eligibility, limit sizing, repayment comfort, leverage view and early-warning assessment. The common mistake is to use it mechanically; seasonality, accounting treatment, one-off items and data mismatches can change the credit interpretation.