08 September 2008
WE are manufacturer of battery case in Uttarakhand .As per govt. notification we income tax exemption unit for 5 yr so i want treatment of deprectiaion on assets as regard AS 22 ( Deffered tax ) if any body details / variety of example on this issue plz send me . i am interest its presentation in BS .we start our unit from 2008 My e-id - sanjaybkadam@gmail.com
17 September 2008
In my opinion you should not create DTA or DTL untill exemption is available. However, DTA and DTL may be created in the last year of exemption.
CAclubindia
