Loss as per Books Rs. 30,000/-
Depreciation as per books 1,200/-
Depreciation as per Income Tax Act 1,000/-
Expenses Disallowed u/s 37 Rs. 10,000/-
What will be the deferred tax
Timing Difference between Accounting income and Taxable income is (Rs.10000+200) = Rs. 10200/-
Rs. 10200/- increases the taxable income .
You may consider Rs. 10200*30% as DTA
This may vary based on different factors like turnover , opting for section 115BA , 115BAA, 115BAB etc
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