whether dta and dtl can be shown in net in balance sheet i.e. whther they can be mutually set off and shown in net.???
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dta/dtl
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Yes, they can be net off only if advance tax can be net offf and entity has legal enforceable right to do it
didn't get ?? what do u mean by netting off advance tax?????? u mean advance tax by provision for tax .
Yes .... net off of advance tax by provision for tax .
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Provision for tax 09-10 Rs. 100000
Advance tax for 09-10 Rs. 90000
Rs. 10000
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