Provision for income tax

This query is : Resolved

Avik Banerjee (Querist)
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26 November 2018 sir,
Expert can anybody help journal entry regarding provision for income tax and adjustment regarding DTA/DTL Advance tax, self-Assessment tax, Tds Receivable and payment regarding them

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)
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26 November 2018 Advance tax Dr
Cr Bank A/c

Self assessment tax income tax provision made after adjusting advance tax and tds

Income tax payable a/c Dr
To Advance Income Tax
To TDS receivable
To Bank A/c

Income Tax Provision
Income Tax dr
To Income Tax payable

DTL

Profit and Loss account Dr
To DTL

DTA
DTA Dr
To Profits and loss account