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if Advance Tax is diposited by u Rs.200000/-
TDS Deposited Rs.100000/-
Assesment tax raised by It depart ment Rs.350000/-
What will be the Journal entries?

Answer Posted / sridhar

income tax a/c 350000

to advance tax 200000
to tds received 100000
to final assessment tax 50000

Is This Answer Correct ?    3 Yes 0 No



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