Income tax demand of a.y 2009-10


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Querist : Anonymous

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Querist : Anonymous (Querist)
18 September 2013 Where will we show Income Tax Demand of A.Y 2009-10 in P& L Of a Pvt. Ltd Company of A.Y 2013-14.

18 September 2013 In current year P n L with information in notes to accounts.

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Querist : Anonymous

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18 September 2013 Under which Head and "before Current Tax and Deffered Tax" or after it

31 July 2024 Income tax demands from previous years are treated as prior period expenses in the financial statements. For a Pvt. Ltd company, such expenses should be recorded in the Profit & Loss (P&L) account for the year in which they are identified and paid.


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