Calculation of Deferred Tax Asset

Ankit Agarwalla (CA) (281 Points)

17 August 2010  

Please solve this for me -

Opening Defferred Tax Assets = 212218/-

Closing WDV as per Books = 1675143/-

Closing WDV as per IT Act = 1924406/-

Depreciation as per Books  = 495432/-

Depreciation as per IT Act = 393269/-

What is the amount of Defferred tax asset to be recognized in current year, if any?