jpurnal entry for provision for taxation? mention clearly?
Answer Posted / bhupender janmejai
Taxation acc. DR
to provision for taxation acc. CR
At the time of payment of tax..
Provision for taxation acc. DR
to cash or bank acc. CR
Is This Answer Correct ? | 22 Yes | 3 No |
Post New Answer View All Answers
What is excise & service tax? What is the difference?
what is the significance of business taxation in private company?
WHAT IS THE PROVISION OF INCOME TAX, SELF ASSESSMENT TAX AFTER AUDITING GIVE THE EXAMPLE WITH ENTERY
How is income tax calculated?
IF MATERIAL TRFD. TO OTHER STATE BRANCH AS STOCK TRFD. IN FEBRUARY AND MATERIAL IS RECEIVED BY BRANCH IN THE M/O MARCH. THAN SHOULD WE ISUE A SEPARATE F FORM FOR THE M/O FEBRUARY AND MARCH
What is permanent account number (pan)?
AS PER VAT AUDIT WE HAVE REFUND OF RS.25000/- ON PURCHASE OF FIXED ASSETS WHICH WE DID NOT CLAIM LAST YEAR, NOW WHAT ENTRY SHOULD WE PASS IN BOOK. ITS URGENT
Rules for filling Income Tax return for a domestic manufacturing company.
what is the actual use of pure agent in tally erp 9 and why we use in tally .and what is the role of pure agent
what was the rate of duty i have to pay if i want to import 1) lubricants(engine oil, etc) 2) grease 3) v-belts(rubber belts used in machines, cars, etc)
DEFINATION OF LABOUR ACT?
what is highseas purchase and sales? how is custom duty calculated? what are the criteria for a person dealing in shares comes under tax audit? whether all equity oriented fund are eligble for stt?
I am working at Himachal Pradesh, let me know cant i adjust entry tax in vat? if no then why or yes, please exlain.
ON WOODEN FURNITURE EXCISE IS APPLICABLE OR NOT ?
My client is a Partnership Firm and was converted in to the Pvt. Company. Now, the Question is that the both the entity i.e. Partnership Firm and Company entitled to get the Depreciation of Proportionarate basis, they used the Assets? I reffered to the Income TAx Act, there is no any specification regarding the convertion only the amalagamation and merger.