DTL/DTA considered while computing NAV

This query is : Resolved

Ashish Ashra (Querist)
Follow

04 February 2009 Hi
While computing NAV of a listed company, should be take into account Deffered Tax Liability/ Asset or not?

Opinions
Take it: As it is an ascertained liability
Do not take it: As it pertains to future year.

Please opine.

Thanks
Regards
Ashish Ashra

CA. B.SRINIVASULU

CA. B.SRINIVASULU (Expert)
Follow

04 February 2009 You should consider the same. The reason being you are computing the nav based on a certian date. Eventhough it may go upward or downward as on the date of balance sheet deferred tax is determined and quanitified there.