banner_ad

Journal Entry

This query is : Resolved 
Profile Image

Profile Image

(Querist)
19 July 2008 Sir,

in my privious query i asked about the journal entry of provision for current year when i will make the provision for fbt and taxes
Profile Image

CA RAMESH KUMAR AHUJA

Profile Image

CA RAMESH KUMAR AHUJA (Expert)
19 July 2008 Profit and Loss App A/c Dr
To Provision for I.Tax

Profit and Loss App A/c Dr
To Provision for FBT

for reversal of provision of AY 07-08
Provision for I.tax(AY07-08)Dr
To Income tax paid/TDS paid

Shortfal or surplus left in provision a/c will be transferred to P & L App A/c
Profile Image

Ram Avtar Singh

Profile Image

Ram Avtar Singh (Expert)
19 July 2008 You will make the provision for fbt and taxes after finalize of Balance Sheet
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


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
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details