A company has Rs 25 lac DTA balance as on 31-3-15. Current year there is DTA on account of current depreciation 2 lac and DTL on account of reversing of timing differences (43 B)items of Rs 5 lacs. Quries are:
1) Can the current DTA (rs 2 lac) be set off against current DTL (5 Lac) and the net computation for the year be shown at DTL 3 lac
2) Can this Net DTL of 3lac (or any other amount) be adjusted against opening DTA of Rs. 25 Lac.
3) Further, as there is total uncertainty about future earnings of the company, should the balance in DTA (Be it 25 lac as it is OR 22 (25-3) lac) be charged to the P&L of the current years.

Please reply in detail..

I wanted to know the legal and compliance requirements to start a cafe shop in Mumbai.. can any one give me detailed list of licenses and registrations required for starting a cafe shop.. it is very urgent if someone can help me in that..

Hi all pls could you pls explain the difference between sub ledger and subsidiary accounts.

Hi,
I am having one doubt regarding Accrued or Outstanding Term.
Can we use Accrued term in case of expenses ? and if yes can any one come with concept.

Regards,
Nidhi

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Dear Sir
We have placed an order to import raw material and agreed rate was USD 38400 CIF Delhi and received the material now invoice value mentioned in Bill of entry is USD 38400 and 1 USD Value is Rs.68.0500. Bill of entry INR value mentioned is Rs.2639251+Rs.6,97,508/- (BCD, CVD & Additional Duty etc) i.e. total amount Rs. 33,36,759/-. secondly we have made payment after 90 days for USD 38400 for Rs.25,74,100/-

Please tell me purchase import entry with value as bill of entry value is higher than agreed rate.