It provision for proprietary firm
This query is : Resolved
Kollipara Sundaraiah
(Querist)
17 September 2023
Sir,
Assessess tax audit business income and other income provision of income tax created in books Fully or business income average as per slab rates
Assessess tax audit business income and other income provision of income tax created in books Fully or business income average as per slab rates
CA R SEETHARAMAN
(Expert)
18 September 2023
No need for tax provisions.
Debit capital account whenever income tax is paid.
Debit capital account whenever income tax is paid.
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