Interested to Buy Any Domain ? << Click Here >> for more details...
What will be the journal entry of provision for income tax
in the financial year .
- 22 Answers
- 42429 Views
- Genpact, VSR Ventures, YEA, I also Faced
- E-Mail Answers
Answer Posted / riya
Profit & Loss A/c Dr.
To Provision for income tax A/c
(Being provision made for tax)
| Is This Answer Correct ? | 2 Yes | 2 No |
Post New Answer View All Answers
Distinguish between sale and consignment
How to answer for the question, tell me about ur project? I mean in which format can i say?
Expand-------ATBN
last date of tds deposit yearly,tds proforma challan
what happens to each of the three primary financial statements when capital expenditures decrease?
What is cash clearing account
In what cases can Convertible bonds be considerred as derivatives?
is it necessasary to make a partnership deed
what is composition vat
If income and expense both are equal then what it depicts
Expand---------NPTO
Hi, I would like to check if my understanding is correct I have a negative amount for provision of income tax in my balance sheet from my previous financial year.What are the accounting treatments for income tax paid and then refunded to you for the current year? Is this correct? For payment Dr provision of income tax cr bank For tax refund Cr provision of income tax Dr bank Do I need to input anything in income tax expense acct?
Can I freeze my account?
whether unsecured loans written off can be transferred directly to capital reserve without crediting it to profit and loss account
What is Spin-off & spilts
