AS 22

Accountancy

If i create DTA for one expense can i reverse it for another expense? Say, if i created DTA for depreciation expense, then can i reverse this DTA for interest expense

Christeena Ambel

CA Inter

★ 5K+

01-Nov-21 10:21

570

Answers (2)

Yes. It is presented on net basis.

CA Suraj Lakhotia

Admin

01-Nov-21 13:57

CA Suraj Lakhotia Admin

Yes. It is presented on net basis.

Okay sir.. Thankuu

Thread Starter

Christeena Ambel

CA Inter

★ 5K+

01-Nov-21 16:14

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AS 22

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