Menu
Interest paid on income tax in cfs
How should we deal with interest paid on income tax in the cash flow statement?
Replies (2)
Hello,
AS income tax paid is part of operating activity, so will be interest on it. Show it as outflow under operating activity.
But is interest on income tax an operating expense?
Recent Topics :
- TDS on property
- Company data for software
- Car purchase to be eligible for ITC
- GST Refund on payment to builder
- TDS u/s 194Q on electricity supply by DHBVN etc.
- Subject: Can I Apply for Fresh GST Registration on
- Additional place in GST RC
- Company 3 months old, INC-20A not filed, all 3 of
- How do I choose the Best GST Lawyers in New Delhi
- Loss on sale of residential flat after indexing al
Related Topics :
CAclubindia
