banner_ad

Income Tax Refund

This query is : Resolved 
Profile Image

Profile Image

(Querist)
25 September 2016 Dear Experts, Could you please tell me that if company received Income Tax Refunr for F.y 2014-15 in the year 2015-16. what entry will be made in the company books ? Assessment has not been done for the year 2014-15 ?
Profile Image

ACA Anurag

Profile Image

ACA Anurag (Expert)
26 September 2016 Dear atul, Book it as indirect income in the books of accounts in the year when the refund is received and reduce the tds receivable
Profile Image

Amol S Joglekar

Profile Image

Amol S Joglekar (Expert)
26 September 2016 Are you in a position to tell....what entry the company had passed in its books of accounts for the financial year 2014-15, for the said income tax paid??????(TDS or otherwise)
Also let me know the provision of income tax, if any, made by the company in the same year???????
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
11 May 2026
AUDIT INTERN

M/S K.K.KHANNA AND COMPANY

Noida

CA Foundation

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
12 May 2026
Accounts Executive

Nafa Group

Mumbai

B.Com

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
11 May 2026
Post office

Post office

Anakapalle

Others

View Details