WHETHER FOR MAKING PROVISION FOR INCOME TAX, INTEREST PAID U/S 234 A, B AND/OR C IS ADD OR NOT?
IN OUR OFFICE WE DON'T ADD WHAT MAY BE THE PERFECT REASON / LOGIC
Menu
INTEREST ON TAX PROVISIONING
Replies (2)
Section 234A,B and C comes under the chapter 17 " Recovery & collection of Tax" and this does not form part of comutation of income tax hence it should be didtinguised from tax expense.
As on the date of balance sheet it can be well estimated hence provision should be made.
Recent Threads
- Form 16 format
- 17(5) Blocked ITC
- Transfer of equity shares to original owner
- Login credentials and payment acknowledgement not
- Export sales not realised payment not received fro
- Capital gain account amount utilisation
- Form 26QB – Section 194-IA: TDS on Full Cons
- Indexation Benefit available or not on Calculation
- Documents for return exhibition material
- Can I set off equity losses(both short term loss a
Related Threads
CAclubindia
