DTA on gratuity provision

AS 1220 views 1 replies

Hi, 

A public limited company providing gratuity provision of say Rs.10 lac in Profit and loss account. 

But this was not allowed under income tax law as deduction as it is only a provision. 

Does the company need to make a DTA for this Rs.10 lacs. 

please clarify.

Replies (1)

no bcoz it is parmanent differeance no requirement of dta


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