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Provision for income tax (sole trader)

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(Querist)
05 March 2021 Can we make provision for income tax in case of sole trader as income tax is not expense for sole proprietorship business,it is owner's own expense?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
05 March 2021 No provision for income tax required in such a case. It's owner's expenses.
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vin

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vin (Querist)
05 March 2021 Thank you so much sir .




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