final FR AS 22 doubt

191 views 2 replies
can any one explain pm As 22 question numb 89 ( omega limited)

jan 2017 edition


in 2015-16 the 200000 of timing diff is reversal of DTL ??

IM I RIGHT
Replies (2)
Actually it is Timing Difference (Balance) which is 4L - 2L not timing difference during the year & it is DTL ( balance )

As per accounting we will create DTA during the year which will be netoff with DTL opening Balance
yeh .. thanks for confirmation

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