Is provision made while finalisation of Trail Balance


This query is : Resolved 

Quick Summary
This discussion clarifies whether provisions for taxation, deferred tax assets, and deferred tax liabilities should be accounted for when finalising a trial balance on 31st March. The consensus is that these provisions are indeed made at this stage. Good luck with your accounting.

08 July 2025 whether provision are made for Provision for taxation, Deffered Tax Assets and Deffered Tax Liability while finalisation of Trial Balance on 31st March.

08 July 2025 Yes, correct.

26 September 2025 Good luck...


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