Inquiry about advance tax in partneship firm
This query is : Resolved
01 October 2011
Dear Sir,
In Partnership Firm , if firm paid Advance Tax then where to debited the Amount of Advance Tax in Balancesheet or P & L ?
In Partnership Firm , if firm paid Advance Tax then where to debited the Amount of Advance Tax in Balancesheet or P & L ?
01 October 2011
debit the amount in balance sheet under the group of current assets
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- ITR 3 VALIDATION
- Brokage income from sale and purchase of property
- Regarding Trading & Investment in Shares and MF in the context of Income tax return
- LTCG EXEMPTION AND TAX APPLICABILITY
- ITR-4- U/s.44AD- Financial Particulars of Business
- Reporting sale value mismatch for share transaction
- Correction in filed Form 27Q - showing error due to deductee contact number
- Purchase of Time Deposit in AIS
- UNUTILISED CAPITAL GAIN FD
- Error while validating
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Composition Dealer GST Annual Return Filing process
- Stamp Duty & Registration Fees on Sale Deed
- GST on Restaurant service
- Revision under Section 264 in The Income Tax Act, 1961
- TDS under section 195.
- Filing GST Returns after death of proprietor
- Registered Required in GST Act
- Switch over to Composition Scheme
- Gstr 9 and itc
Trending Online Classes
-
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
CA Nipun Arora03 September 2025 -
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)
Industry Expert15 September 2025
CAclubindia
