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UNAMORTISED PRELIMINARY EXPENSES

UNAMORTISED PRELIMINARY EXPENSES are DTA OR DTL?IF YES HOW


Shravan Kumar

Shravan Kumar

CA Inter

25K+

28-Sep-20 10:04

6

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.


Suraj Lakhotia

Suraj Lakhotia

Admin

28-Sep-20 16:20