Annexure 7 Tax Audit

we show expense provision in annexure 7 in FY 20-21 of Rs.250000

In FY 21-22 Last year not closed can we shown again this provision in annexure 7 FY 21-22 .
Replies (2)
Quick Summary
This discussion addresses whether an expense provision shown in Annexure 7 for FY 20-21 can be carried forward to FY 21-22 if it wasn't closed. The consensus is yes, but it's crucial to investigate the reason for the carry-forward. If it's a disputed provision, it might be disallowed annually, leading to tax implications.

Yes, but check the reason for its carry forward.

This is disputed provision
it means every year it disallowed & pay tax ?

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER

Anupam Parashar & Co.

Ghaziabad

CA Final

View Details
Company
ARTICLESHIP 21 September 2026
CA Article Assistant

KK & Company Chartered Accountant

Pune

CA Inter

View Details
Company
15 September 2026
Client-site CA associate

Aditya Muley and Co

Mumbai

CA

View Details
Company
Featured 12 September 2026
Assistant Manager - Finance & Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
Featured 11 September 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
ARTICLESHIP 18 September 2026
Industrial Trainee

Twenty Point Nine Five Ventures Private Limited

Noida

CA Inter

View Details
Company
ARTICLESHIP 07 September 2026
CA Articles

Kothari Jain Patil & Chartered Accountants

Pune

CA Inter

View Details