in case of proprietorahip , if we have
opening balance of advance tax. then how to adjust it in balance sheet. keep remember opening balance of advance tax
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Advance Tax
Replies (2)
Kindly wait for IT return to process than pass the entry as per processed return
Alternative you may transfer the Advance tax to capital account
Alternative transfer the Advance tax to provision for tax as per your IT return filled by you
Alternative you may transfer the Advance tax to capital account
Alternative transfer the Advance tax to provision for tax as per your IT return filled by you
Show as other asset in ITR BS
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