income tax entry
This query is : Open
Sahil Nagpal
(Querist)
07 October 2017
we have the propritorship concern and we paid the advance tax 25000 and at time of filing of itr we actually show the income tax 10000 and now rs 15000 refund. what are the accounting treatment of thes transactions???
07 October 2017
Above said question's answer is in your payment entry...!!!
How to enter the Advance Tax in Your books of Accounts...?
The same way you ll reverse/ Receipt entry pass
How to enter the Advance Tax in Your books of Accounts...?
The same way you ll reverse/ Receipt entry pass
Sahil Nagpal
(Querist)
07 October 2017
what is the entry of 10000 income tax
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