Applicability of provision for taxation


This query is : Resolved 

(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

12 February 2013 Dear sunaina,
provision for tax will be applicable on firm only not sole proprietorship.

12 February 2013 prov. for tax is not dependent on firm or sole prop.. its applicable to sole prop also.


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