Income taxForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Income taxThis topic has 1 reply, 2 voices, and was last updated 5 years ago by Stephen Widberg.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts November 8, 2019 at 5:42 pm #551850 alikhakarParticipantTopics: 187Replies: 79☆☆☆It is evident that entity won’t earn any future profits. How do we derecognize a deferred tax asset b/f relating to previous year’s losses? Dr. SOPL CR. DTA?? Thanks for your time. November 8, 2019 at 6:13 pm #551853 Stephen WidbergKeymasterTopics: 16Replies: 3402☆☆☆☆☆Perfect – yes – you would write it off.AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In