Provision for tax


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Querist : Anonymous

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Querist : Anonymous (Querist)
04 January 2013 sir
please let me know about accounting treatment of taxation

company having income of 10,00,000 for FY let 2011-12 which is assessed for tax in AY 2012-13,in which year tax will be shown whether it 2011-12 or 2012-13?

whether tax treatment for company or individual is same?

07 January 2013 in the year in which income is earned.... matching concept


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