Tax accounting
Querist : Anonymous
I have an urgent query. Please go through the details below once:
FOR P.Y. 2014-15
Prov for Tax : Rs. 26939
Advance Tax paid: Nil
TDS Recievable : Rs. 1007
FOR P.Y. 2014-15:
Tax paid : Rs. 29000 (not sure of the excess amt paid, may be interest)
Advance tax paid foelr 2014-15: Rs 30000.
Prov for tax (2014-15): Rs. 764333.
Plz tell me how to adjust the above entries. Provide journal entries for the same. I need to close accounts for 2014-15. Its a Corporate Assesse.
Querist : Anonymous
I have an urgent query. Please go through the details below once:
FOR P.Y. 2014-15
Prov for Tax : Rs. 26939
Advance Tax paid: Nil
TDS Recievable : Rs. 1007
FOR P.Y. 2013-14
Tax paid : Rs. 29000 (not sure of the excess amt paid, may be interest)
Advance tax paid foelr 2014-15: Rs 30000.
Prov for tax (2014-15): Rs. 764333.
Plz tell me how to adjust the above entries. Provide journal entries for the same. I need to close accounts for 2014-15. Its a Corporate Assesse.
Click here to login now
Similar Resolved Queries
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Capital Gail Exemption Certificate
- Issuing of delivery challan by seller of goods
- Taxation of crypto futures in India Fy 2026- 2027
- MSME disclosure and disallowance
- EPF ECR NEW RULES Sep 17th 2026
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Accounting treatment of AMC alongwith the purchase of Laptop
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- 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
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
