PCS Rohit Chauhan asked 8 years ago
llp-taxation
llp Taxation
Do we need to carry forward the DTA/DTL after the conversion of Pvt ltd to LLP? Also, will LLP make DTA/DTL or just follow IT rates of dep?
Answer the question1 Answers
PCS Manish Mishra answered 8 years ago
Dear Sir,
We would not carry forward the DTA/DTL after conversion of company into LLP, further for accounting purpose we should follow IT rates for depreciation.
