24-Income Tax Deduction by Client (TDS)

prasad Nilugal

GST Practitioner & Accounts

15085 Points Posted on 11 July 2023

You have refer ICAI Guidelines for financial Statements of Non Corporate entities .( partner ship Firm) , because in case of Non Corporate entities ICAI guidelines are applicable ,

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Accounts Officer

717 Points Posted on 12 July 2023

Dear Parsad Nilugal Sir,

we are corporate entity.

having a corporate business, can you please guide that provision of income tax can be taken from capital account?

and in case of partnership firm can this provision be taken from partners capital according to their partnership ratios ?

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Accounts Officer

717 Points Posted on 15 July 2023

Kind response awaited from Parsad Nilugal Sir

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24-Income Tax Deduction by Client (TDS)

prasad Nilugal

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24-Income Tax Deduction by Client (TDS)

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