Forums
Ind as 12
Financial Reporting
In ill 5 there is Rou asset we initially recognised. this is not a part of business combination and it neither effect accounting profit or taxable profit at the time of recognition so all conditions satisfied why dont we consider as exception to dtl
Answers (3)
CA Suraj Lakhotia Admin
DTL is recognised on the balance sheet date and not on the date of transaction.
Sir for exception condition we see initial recognition
Thread Starter
Ravi TejaSir for exception condition we see initial recognition
Exception is for intial recognition and not for subsequent recognition.
Courses
Course Guides
Offerings
CIN: U74999TG2017PTC116012 | GSTIN: 36AAECI4332C1Z0 | PAN: AAECI4332C