Provision for income


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Querist : Anonymous

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Querist : Anonymous (Querist)
12 December 2018 Hi,

Can we create provision for income? If yes, Do we need to pay advance tax on provision taken for income?

Z (Expert)
14 December 2018 Are you talking about something like ICDS which are now gone?


Kindly provide a specific scenario.

prateek63@yahoo.co.in


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