JV for provision tax
This query is : Resolved
20 May 2011
income tax- dr
to, provision for income tax
is this entry correct? if correct then how this income tax a/c & provision a/c will nulify after assessment.
to, provision for income tax
is this entry correct? if correct then how this income tax a/c & provision a/c will nulify after assessment.
20 May 2011
ans of 1.
Profit & loss appropriation - dr
to provision of income tax
ans of 2
provision for income tax -dr
to advance income tax if any
to tds receivable if any
to self assessment tax if any
Profit & loss appropriation - dr
to provision of income tax
ans of 2
provision for income tax -dr
to advance income tax if any
to tds receivable if any
to self assessment tax if any
20 May 2011
thanks sir. but what about p/l appropriation a/c. it will carry balance in next year?
p/l appropriation a/c wil come under which category as i want to do entry in tally.
p/l appropriation a/c wil come under which category as i want to do entry in tally.
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
- TDS on Consultancy- Non DTAA
- Reopen of assessment proceeding
- Depreciation of fixed assets- coop housing society in mumbai
- Management System (IMS)
- FTS Taxable under 115A
- Experts need help
- EPF FULL & FINAL RULES IN 2026
- Rental income gst and it purpose
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Gift Received from nonblood relative
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
