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.???
plz help
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.???
plz help
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
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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