Hi
Last years DTL provision is 2000
This year's Total DTA 1000 - opening provision DTL 2000 $ = 1000$ DTL.
Moment/charge to SPL= OPENING BALANCE - CLOSING BALANCE ie, 2000 $ - 1000 x tax rate 10%= DTL100$.
Dr. Deferred tax expense 100; Cr Deferred tax provision 100
Plus, what happens when previous year has a DTA debit provision and this year a DTA has arisen ie. Opening provision is DTA and this year DTA-DTA=DTL while calculating the moment?
Txs
CAclubindia
