Income tax provisions

For tranferring advance tax and tds

Provision for income tax Dr
To Tds
To Advance tax

If TDS or advance tax shows debit balance then

Income tax refundable
To TDS
To Advance tax

If after passing all entries provision for income tax shows credit balance

Provision for income tax Dr
To self assessement tax payable

On payment
Self assessement tax a/c Dr
To bank

Excess Provision Transfer to Profit & Loss Account will come below the line....

Provision for Income Tax A/c dr.

To Excess Provision of Income Tax (Profit & Loss A/c)