Easy Office
LCI Learning

Treatment of deferred tax asset and liability in net worth

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
14 September 2011 Dear Sir/Madam,

Please let me know treatment of Deferred Tax Assets and Liability in calculation of Net Worth of Company.
Profile Image

CA Ankit Gulgulia (Jain)

Profile Image

CA Ankit Gulgulia (Jain) (Expert)
14 September 2011 DTA and DTL should be treated as normal assets and liabilities for Computation of Networth.

By This I mean in Computation of Net Worth ,

Deduct DTL from Total Assets

and Include DTA in Total Assets.

Though it must be said CCI Guidelines , Which is now not applicable on Valuation is silent on this Aspect.
Profile Image

Vivek Mehta (CA, DISA,CS, MBA)

Profile Image

Vivek Mehta (CA, DISA,CS, MBA) (Expert)
14 September 2011 One Need not to consider The DTA and DTL for calculation of Net worth of Company.
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

C A S.S.Agarwal, M.Com.,LL.B,

Profile Image

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
15 September 2011 I agree with the expert

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links