Accounting entries

Dear Gues,

 

I want to clear a entires in books of Accounts i.e. A company paid Income Tax in Advance for F.Y. 2010-11 & at the time of Income Tax Return Filling dt. 30.06.2011. The Advance Income Tax paid in F.Y.  2010-11 , treated as  Provision of income Tax under Profit & Loss Appropriatoin A/c and what the traetment the payment made dt. 30.06.2011.

 

Pls give suggestion 

Replies (1)

on 30/06/2011 entry will be

(income tax payable )/Provision for income tax- dr

To advance tax

To bank

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details
Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
16 October 2026
CA article trainee

Zerdi & Co. Chartered Accountants

Pune

CA Inter

View Details
Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details
Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details