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 the actual use of pure agent in tally erp 9 and why we use in tally .and what is the role of pure agent
if am registered dealer & i am using road permit, i have to pay entry tax, which goods, I am receving in jammu
DEFINATION OF LABOUR ACT?
how form h fill up?
IF a vendors charges WCT @8.75% what is the rate of TDs to be deducted against that? & can we take the Input of it?
In the Balance sheet of a company you see the following details, Liabilities: Provision for tax - AY 2008-09 RS 200000 AY 2009-10 RS 300000 AY 2010-11 RS 200000 Assets: Advance Tax- AY 2008-09 RS 150000 AY 2009-10 RS 300000 AY 2010-11 RS 200000 On 15-03-2011, the assessment order for AY2008-09 was received and the final tax liability was stated to be RS 250000. Pass the journal entry for the closing of the relevant accounts in the books for the AY 2008-09.
what is the difference between vat 100 and vat 120?
What are the procedures for remitting WCT?
IF I HAVE PAY COMMISSION TO LOCAL AGENT RS-5000 THEN HOW MUCH I WILL DEDUCT TDS & IS PAN CARD REQUIRE
we have paid excess tds amount in 194I 27000/- for f.y.2017-18 now can we adjust the same in upcoming month 2018-19?
what diff. between Account ,Commerce and Finance?
i have recently joined a bank as probationary officer.i ant to know hich of the two options bellow will be benefitial:- 1.receiving HRA or 2.receiving lease rent from the bank.
What is the difference between the excise duty and the sales tax?
What are the various forms used for VAT?
what is excise return, what is form requirement and what is procedure for excise return?