depricaition as per company law 50000 and as per incometax act 72000
what will be the deffered tax on this
and what is this entry for this
deffer tax
(Guest)
1 Replies
C.A. LINESH PATIL
(CA)
(910 Points)
Replied 15 October 2010
DTL will be created on amount of 22000 @ 30.9%
entry will be-
P&L A/c DR 6798
TO DTL 6798
for further clarity of the concept for DTA & DTL refer my earlier post i addressed the same issue.follow the below link and look for my post.and in case of query wite me
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