INTEREST ON INCOME TAX PROVISION
This query is : Resolved
13 October 2017
wether we have to interest on income tax in books of accounts for compqnies
Ashiwini Ballodia
(Expert)
13 October 2017
Provision of Income Tax include interest on income Tax
13 October 2017
provision to be created on 31st march but payment of tax in September. here my query is whether interest upto September also to be included in provision for tax or not?
Ashiwini Ballodia
(Expert)
13 October 2017
The provision is to be created because these are the event that are occurring after balance sheet date.
Than why audit fees is provided in books it is also carried after 31st mar
Than why audit fees is provided in books it is also carried after 31st mar
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