P&L a/c ---------Dr. to prov. for income tax -----Cr.

What will be the journal entry of provision for income tax
in the financial year .

Question Posted / amit

22 Answers
37306 Views
Genpact, VSR Ventures, YEA, I also Faced
E-Mail Answers

Answer Posted / amit

P&L a/c ---------Dr.
to prov. for income tax -----Cr.

Is This Answer Correct ?

0 Yes

0 No

Post New Answer View All Answers

Please Help Members By Posting Answers For Below Questions

Why in a cash book receipts are debited while the same if received in our books recepits are credited. Why does cash book have a rule to debit receipts and credit payments. For example if am paying the cash that i owe the company or firm i debit in my books(cash) on the debit side and should credit in the cash book but i cant do that cash book take receipts on the debit side as per the general . please clarify many thanx in advance

2135

Can anyone plz. tell me where can i get the proforma application for DAO.I have tried all the links but i couldn't find any application proforma in the notifications.

1499

give the examples of Error of Duplication?and Error of compensatin? with entries

4013

What is the base for issuing of C-form date of sale or date of purchase since goods sent by one quarter ended may reach in next quarter.

2034

Who to create a budget on software company

1803

WHAT IS DIFFERED INCOME TAX AND WHERE IT SHOWS IN BALANCE SHEET?

1781

what tax will be on puchasing of sweets and is necessery to use form 38.

1910

What is Split And buy-back?

2250

what is tds rate of WCT applay for sale tax ragistard company.

2058

what is sevice tax? on what service tax is applicable. explain with examples?

1606

Short Answer on _____________Revenue Budget

1565

where we have file E-returns in SAP FICO-CIN/Wtax?

2204

Expand SOIT

1461

Short Answer on ______________Import Trade

1432

6577