Income tax provision in books

Vaneet Monga (Private) (265 Points)

10 May 2021  
Dear experts

We have made the provision in books of account
Profit & Loss account Dr.
Provision for income tax Cr.
I have to sumbit one copy of balance sheet in Bank so kindly asvise how to show provision value 29000 in profit and loss account
Net Profit 731000 after provision 702000