Income tax paid entry

aise he ke hamre firm mein income tax pay karna Aya hai 54000+4000interst pay Kiya he aur usme hamne direct ca ke bank account mein Paisa jama karva Diya he 59000 to ub uski entry kaise kar sakte he pls suggest me
Replies (4)
Quick Summary
A user needs assistance with recording an income tax payment of £54,000 plus £4,000 interest, which was paid directly to their Chartered Accountant's bank account, totalling £59,000. They are seeking the correct accounting entry to reflect this transaction, specifically how to account for the interest paid.

Dr Income tax
Cr Bank
Ye entry kais hogi to usme interest kaha gaya pls reply me

Interest on income isn't important to consider in books of accounts.

Per aap kya bol rahe wo samaj mein nahi aaraha he

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