Forums
Accountancy
UNAMORTISED PRELIMINARY EXPENSES are DTA OR DTL?IF YES HOW
Shravan Kumar
CA Inter
★ 25K+
28-Sep-20 10:04
313
Answers (1)
Preliminary expenses are charged to P&L. For tax they are allowed over a 5 year period. Tax will be less in future - hence a benefit - hence DTA.
CA Suraj Lakhotia
Admin
28-Sep-20 16:20