Can anyone plz calculate Closing Deferred Tax Asset for me?
Deferred Tax Asset at the opening: Rs. 6,00,000
Accumulated Losses at the year opening: Rs. 10,00,000
Loss for current year: Rs. 4,50,000
Unabsorbed Dep. at the start of year: Rs. 50,000
Dep. for current year (Unabsorbed): Rs. 35,000
Thanks in Anticipation
| Originally posted by : singh Litt | ||
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Can anyone plz calculate Closing Deferred Tax Asset for me? Deferred Tax Asset at the opening: Rs. 6,00,000 Accumulated Losses at the year opening: Rs. 10,00,000 Loss for current year: Rs. 4,50,000 Unabsorbed Dep. at the start of year: Rs. 50,000 Dep. for current year (Unabsorbed): Rs. 35,000 Thanks in Anticipation |
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Opening DTA=Rs.600000
Add:- DTA due to current year
- Current year loss = Rs.135000
- Unabsorbed =Rs.10500.00
Closing DTA = Rs.745500
CAclubindia
