adjustment for advance tax paid
This query is : Resolved
ravisaikumar
(Querist)
26 June 2010
A company has paid advance FBT for AY 08-09
which has not been adjusted till date.advance Fbt is still appering the B/S of the co.,?
query:-how can i adjust this account nd under which head, it can be do so?
which has not been adjusted till date.advance Fbt is still appering the B/S of the co.,?
query:-how can i adjust this account nd under which head, it can be do so?
Aditya Maheshwari
(Expert)
26 June 2010
It should have been debited to provision for FBT.
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