Advance tax and self assessment tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 October 2014
Advance tax and self assessment tax for different financial years shown in balance sheet , why it is shown and when it is to be closed.
15 October 2014
It will be cleared after completion of Assessment by passing an adjustment entry against provision for Taxation.
CA R SEETHARAMAN
(Expert)
16 October 2014
It can be adjusted after filing return. Only refund due and disputed amounts can be kept without adjustment.
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
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
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
