Form 3cd

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What is the meaning of Income Tax Provided in Annexure 1 Part B?????? If I adjust the TDS Recoverable with the Income tax computed then will it be given in last row of schedule or it is showed only when it is provided in P&L A/c............

 

 

Kindly Clarify my Doubt.......................................

 

Thanks in Advance........................................

Replies (1)

YOU DONT HAVE TO ADJUST TDS AMOUNT,

THIS IS THE AMOUNT WHICH IS SHOWN IN P&L ACCOUNT AS TAX EXPENSE , DEFFERED TAX AFTER  TAX RELATED TO EARLIER YEARS. 

I.E SEE FOLLOWING TABLE-

Tax expenses :                
                 
   Current Tax                         77,500,000    
                 
   Deferred Tax                            61,226,626    
                 
  Add/(Less) : Excess provision for Taxation in earlier years                           (83,391)    
                          138,643,235

 


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