CASH FLOW STATEMENT
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 April 2010
Can anyone please tell me that how will Refund of Advance tax treated in cash flow statement??
30 April 2010
It will be reduced from Taxes Paid / Received and would be shown as inflow.
30 April 2010
Yes it will be shown as an inflow...
Income from operation....
less: tax paid
Add: tax refund.
Income from operation....
less: tax paid
Add: tax refund.
30 April 2010
Also visit this link where a similar query has been solved
https://www.caclubindia.com/forum/accounting-standard-query-80792.asp
https://www.caclubindia.com/forum/accounting-standard-query-80792.asp
30 April 2010
It can be classifed as Cash from Operating activities
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
- About TDS & Income Tax
- Tax on Deemed Capital Gain
- Scrutiny and reopening of past returns
- Pass word to open justification report for Q1 for FY 2026-27
- Section 194JA & JB Income which ITR Form to use
- PPF interest-As Exempt Income disclosure
- Booth for sales promotion
- F & O PROFIT REPORTING FOR AY 2026-27
- Regarding ITR filing with more value than showing in AIS/TIS
- Type of Capital Gain
- Difff in ais receipts and gst turnover
- ITR-3 File/Error Found
- Exiting partner in partnership firm in gst portal
- Taxability of credit in canara bank ET & T section (NRO)
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
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
