Rajdeep Pawar's Expert Profile

Queries Replied : 9

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About me

A Chartered Accountant by profession & Keen learner from heart.

I am here to share my knowledge & enhance my knowledge in return.

    What kinds of questions I can and can't answer?
    I can answer the querries relating to Direct taxes, Indirect taxes, Financial Accounting, Cost Accounting & Accounting Standards.

    My area of expertise
    Income Tax, Accounting Standards, Service Tax

    My experience in the area (years):
    3 1/2 Years

    Organizations I belong to:
    India Glycols Limited

    Publications or writing which has appeared :
    None

    Educational credentials:
    ACA, B.com (H)

    Award & Honors:
    none

  • guru says : query
    sir,,i hav doubt in provision for income tax a/c ...I paid advance tax for 2014..in 2014 end of that year I made income tax provision...next year 2015 after income tax assessment over if no extra tax means ill make entry {income tax prov a/c dr To ADVANCE TAX A/C}...MY QUES IS I DID ONE SUM IN THAT SUM IN 2014 IN INCOME TAX PROVISION A/C THEY TAKEN TO BANK(ADVANCE TAX) IN DEBIT SIDE..HOW WE CAN TAKE THIS IN 2014..ONLY WE CAN DO THIS ENTRY ONLY IN 2015 A/C KNOW NA SIR???

  • pranavsamant says : ACCOUNTING
    Whta is a difference between provision for taxation and advance payment for tax.What is a tax liability?

  • Akash Gupta says : Duty & Taxes
    Sir u have resolved my 1st query.. further i would like to know why only the word duty is used in case of import& export. why not the word tax....


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