If as per account loss & as per Income tax also loss and Mat is applicable then what will creat either DTA or DTL. Plz suggest me .....
Menu
DTA/DTL
Replies (1)
Hi.
for Loss in IT you have to create DTA since in future u can set off this loss against income..
Please refer Guidence note on MAT credit..
Recent Topic
- TIS Glitch Alert : inflated summary
- IT returns of partners
- Challan status in Payment Failed but amount deduct
- Sec 54 exemption
- Query regarding retirement benefits
- TDS Payment and filing
- Capital gains exemption under sec 54
- Revamped traces portal, conso file download failed
- Due date of ITR for Option Trader
- Cancelled invoice entry
Related Topics
CAclubindia
