As-22
This query is : Resolved
ANKITA JAIN
(Querist)
19 May 2014
how to calculate DTA/DTL in a mnufacturing company.
Sandeep Dharar
(Expert)
19 May 2014
Can u elaborate what do u mean by DTA/DTL
ANKITA JAIN
(Querist)
19 May 2014
Deffer tax Assets And Deffer Tax liability.
Rupesh Jain
(Expert)
23 May 2014
dTA and DTL depende on the nature of transaction.
it is tax amount of exp. allowed under company act and income tax act.
like depreciation amount under income tax is more than company act depreciation amount resulting income under income tax in lower then company act income
10000 depreciation as income tax
7800 depreciation under comp[any act
10000-7800= 2200 is income lower in income tax act. tax assumed 2200x30%= 660 will be paid by us in future under the company act. its our DTL
pls see AS -22 for detail
it is tax amount of exp. allowed under company act and income tax act.
like depreciation amount under income tax is more than company act depreciation amount resulting income under income tax in lower then company act income
10000 depreciation as income tax
7800 depreciation under comp[any act
10000-7800= 2200 is income lower in income tax act. tax assumed 2200x30%= 660 will be paid by us in future under the company act. its our DTL
pls see AS -22 for detail
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