Deferred taxes carrying amounts

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


 

Replies (2)
Quick Summary
This discussion clarifies the accounting treatment for deferred tax assets (DTA) and liabilities (DTL). It explains how to calculate the movement and charge to the profit and loss account when provisions change from one year to the next. The response also addresses scenarios where a prior year's DTA provision shifts to a DTL in the current year.

Nothing will happen with net is DTA this year, just reduce the DTA this year. CA Madan from SriLankan answered me. You can follow IFRS discussions on FB and Ill clarify your indAS doubts

Since indain as ca's dont know the answer to it, i have sources bigger than...

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