for how many years deffred tax liability can c/f?
5 Replies
CA VIKASH SONI
(Finance Executive)
(237 Points)
Replied 03 November 2011
Unless & untill it is not fully utilised ( indefinite no of years). It is diifferent from MAT Credit which can be c/f for 10 years.
Shashi Bhushan
(Learner, Jalandhar)
(996 Points)
Replied 03 November 2011
if not utilised from 5 years. then it will continue to exist in balance sheet. No issue.
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