Adjustment of provision
This query is : Resolved
26 September 2019
Dear Sir,
In march 2019 I have made provision of income tax Rs.11400/-
But actually paid 13600/- Please suggest how to adjust Rs.2200/- in books of account
In march 2019 I have made provision of income tax Rs.11400/-
But actually paid 13600/- Please suggest how to adjust Rs.2200/- in books of account
26 September 2019
Charge Rs 2200 to P & L as income tax.
26 September 2019
Sir,
Can we debit to Capital account
Can we debit to Capital account
27 September 2019
Yes debit to capital account
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