Deferred tax asset
This query is : Resolved
17 September 2011
Will there be a deferred tax asset on provision for diminution in value of the current investments (on account of market value being lower than cost as at year end)
17 September 2011
Yes,DTA has to be recognized in books.
17 September 2011
Yes, Dimunitaion in Value of investment also Included under AS - 22
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