DTA/DTL FOR QTR CLOSING

no

dear Mr.ayush,

no for what? for my first line or second line.

pls clear my doubt.

thanks

YES, DTL provided as on 31.3.2010 needs to be reviewed for the qtr ending jun 10 and for every qtr if you are preparing your quarterly accounts.

Yearly review is enough for providing DTA/DTL but by this method you could not analyse your quarterly results properly.

DTA/DTL IS TO REVIEW FOR QUARTER CLOSING ALSO. BECAUSE, TAX LAIBLITY IS DEPNED ON IT.

IF YOU ARE GOING TO DEPOSIT ADVANCE TAX , IT WILL HELP FOR CALCULATING ACTUAL TAX LIABLITY.

IF YOU REVIEW IT YEAR END, THEN YOU GET THAT YOU HAVE DEPOSIT LESS/ MORE ADVANCE TAX