Treatment of provision for tax and advance income tax /Tds
This query is : Resolved
29 November 2008
Some times , provision for tax is shown as net of advance tax and some times provision for tax and advance tax are shown separatley in provisions and advances respectively .
Which approach is better and why ?
Many thanks in advance
ashok malhotra
Which approach is better and why ?
Many thanks in advance
ashok malhotra
29 November 2008
I suggest separate disclosure.
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