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Current tax , mat

This query is : Resolved 
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(Querist)
07 May 2020 dear sir

in ay 2018-19 audited balance sheet current tax (provision made ) 170000 but in income tax return income tax shown 148082 and mat 248652 (with education cess) , how can i adjust this on tally , what are adjustment entries
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Aashok Kumar Sharma

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Aashok Kumar Sharma (Expert)
08 May 2020 At the beginning of the year reverse the provisions made for the previous year. Now whatever taxes needs to be paid is to be debited and bank needs to be credited.
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