Income Tax

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advance Income Tax under group in tally Erp 9
refund income tax under group in tally Erp 9
Replies (2)
Advance Tax will be under current Asset
Refund of Advance Tax will be adjusted with TDS receivable/Advance Tax
Advance Tax is under "Revenue Authorities - Current Asset" Also refund ll be adjust the same head. Finally passing to Capital Account...

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