query
for example.. in perviousyear,
book profit 100000
depreciation as per books NIL
income tax depreciation 15000
DTL or DTA?
and
same situation in next year
book profit 150000
depreciation as per books NIL
depreciation as per Income tax 10000
DTL or DTA
and TOTal?
only income tax related to income as per books is shown as expense in books of account and the rest amount is shown as DTA or DTL.
It should also be noted that DTA and DTL are to be considered only when it is a temporary difference.
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