Accounting entry
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 May 2010
dear sir,
please clarify the following entry :
Income Tax Prov. a/c Dr. 100000.00
To Advance Tax a/c. Cr. 75000.00
To Short Provision of I. Tax Cr. 25000.00
please clarify the following entry :
Income Tax Prov. a/c Dr. 100000.00
To Advance Tax a/c. Cr. 75000.00
To Short Provision of I. Tax Cr. 25000.00
22 May 2010
Actual Income tax provision need to be made Rs.100000 out of that Rs.75000 Paid Rs.75000 and Balance provision payable Rs.25000
Actual Income tax provision need to be made Rs.100000 out of that Rs.75000 Paid Rs.75000 and Balance provision payable Rs.25000
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Exiting partner in partnership firm in gst portal
- CLOSING STOCK QUERY
- Gst on travel by air for business purposes
- Rent claimed on building given on permissive possession basis
- Technical Glitch in ITR-4 Online Form (AY 2026-27): Sec 44AE Partner Remuneration not mapping to E8
- Residential status of non resident
- NRI INSURANCE ADVISOR
- Applicability of Books of Account for Commission Income (Sections 194D & 194H)
- TDS _Long term Capital Gain ref.sec 214 Table 2
- Error in uploading Form 10BD
- Missed TDS
- Query regarding Item 61/62/63 vs Item 64 in ITR-3
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
- TDS on property - Form 141 query
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
