Forums

UNAMORTISED PRELIMINARY EXPENSES

Accountancy

UNAMORTISED PRELIMINARY EXPENSES are DTA OR DTL?IF YES HOW


Shravan Kumar

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

CA Suraj Lakhotia

Admin

28-Sep-20 16:20

Offer