23 January 2011
if company have debited share issue expenses to share premium account and claimed deduction u/s 35D,on balance unclaimed i.e 80% which will be claimed in next subsequent years can DTA to be created on it
25 January 2011
No you cannot creat DTA becuase it is Permanant difference. As you have debited to share premium account you have not charged expenses in Profit & loss account.
CAclubindia
