Menu
Deferred tax assets/ liablity
if a company is incurring losses during the current year.... then is there any need to create deferred tax/ liablity and how it will create and where it will shown in balance sheet?
Replies (1)
hello,
if company is getting loss both as per income stament and as as per income tax then not required to create either DTA DTL
Recent Topic
- Cancelled invoice entry
- Debt Mutual Fund Tax in New Regime
- Amount distributed by a Co-op. Hsg Society to its
- Delayed reported invoice in GSTR1
- Kusumgar IPO Listing Date: Shares Debut on BSE, NS
- When is Diwali in 2026? Date, Muhurat Timing and D
- Amount received by son from PPF closure proceeds o
- Clarification on Nature of Payment Code for NRI Pr
- Fee received as Independent Director
- Correct way to show income from annuity in ITR
Related Topics
CAclubindia
