Deffered tax assets
This query is : Resolved
30 June 2010
whether deffered revenue expenditure is considered for the creation of DTA/DTL during the year?
30 June 2010
NO, IT IS NOT CONSIDERED.
DEFFERED REVEUNUE EXPENDITURE MEANS EXPENDITURE DEFFERED FOR CERTAIN PERIOD IN BOOKS I.E THESE ARE SAME TREATMENT IN BOOKS AND TAX COMPUTATION. NO NEED TO CONSIDERED FOR DTA/DTL.
FOR DTA/DTL, ONLY THOUSE EXPENDITURE ARE TREATED WHOM TREATMENT IN BOOKS ARE DIFFER THAN TAX COMPUTATION SHEET. I.E IN BOOKS IF THEY ARE EXPENSED, WHILE IN TAX COMPUTATION THESE ARE NOT ALLOWED IN CURRENT YEAR.
VICA VERSA.
DEFFERED REVEUNUE EXPENDITURE MEANS EXPENDITURE DEFFERED FOR CERTAIN PERIOD IN BOOKS I.E THESE ARE SAME TREATMENT IN BOOKS AND TAX COMPUTATION. NO NEED TO CONSIDERED FOR DTA/DTL.
FOR DTA/DTL, ONLY THOUSE EXPENDITURE ARE TREATED WHOM TREATMENT IN BOOKS ARE DIFFER THAN TAX COMPUTATION SHEET. I.E IN BOOKS IF THEY ARE EXPENSED, WHILE IN TAX COMPUTATION THESE ARE NOT ALLOWED IN CURRENT YEAR.
VICA VERSA.
Message likes :
1 times
30 June 2010
thank u sir
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GST Regis.
- Tax on capital gains revoked us 54f
- Inventory of finished goods
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Should I include march foreign salary received in April in my income for FY 2023-24?
- Sale of property furniture sale
- Confusion around Form 26QB fields
- Refund of AY 22-23
- Disallowance of Section 43B(h) to sez units
- GST Registration Cancellation books of accounts asked by officer
- TDS deduction 194J instead of EPF
- TDS Deduction Online Learing Platform
- Point (III) 9 of GSTR-9C
- As per our records, find the below outstanding demand(s)* and interest payable u/s 220(2):
- Regarding transaction th. credit card
- MIS MATCH OF INVOICE NUMBER
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
