Defered tax asset


This query is : Resolved 

Quick Summary
This discussion clarifies the rules for carrying forward deferred tax assets (DTAs) by NBFCs. While there's generally no limit, DTAs created due to losses under the Income Tax Act have a specific carry-forward period of 8 years.

(Querist)
29 June 2022 Hi,
How many years an NBFC can carry forward defered tax asset?


29 June 2022 It's for 8 years........

08 January 2023 There is no limit for carry forward of DTA. However if DTA has been created due to losses under income tax Act, then limit is 8 years.


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