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Applicability of provision for taxation

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(Querist)
12 February 2013 hello friends,

Please any knowledgable person tell me wether provision for taxation is applicable on a firm or sole Proprietorship .

thanks in advance
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sushil kumar

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sushil kumar (Expert)
12 February 2013 Dear sunaina,
provision for tax will be applicable on firm only not sole proprietorship.
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CA Lokesh Pokharna

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CA Lokesh Pokharna (Expert)
12 February 2013 prov. for tax is not dependent on firm or sole prop.. its applicable to sole prop also.
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