DTA / DTl

This query is : Resolved 

17 July 2011 In case of loss, both as per co.'s act & IT act, recognition of DTA / DTL required or not?

17 July 2011 1. DTL should be booked.
2. DTA need to be booked only if company is 'virtually certain'that sufficient profit will emerge in the coming year.

18 July 2011 Agreed with expert

18 July 2011 Yes I agree with the expert


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