Menu
partnership firm tax payment journal entries
please share journal entry for the same. advance tax, tds,self assessment tax and it's adjustment with provision and partners capital account.
Replies (1)
Provision for Income Tax. Dr
To. TDS Received
To Advance Tax
Now if there's any excess provision made then the same will be written back to p&l and if there's any short provision done then p&l will be debited
To. TDS Received
To Advance Tax
Now if there's any excess provision made then the same will be written back to p&l and if there's any short provision done then p&l will be debited
Recent Topics :
- How Can Law Students Present Papers at Conferences
- On which amount 200% penalty under section 270A is
- RECEIVED INTIMATION U/S 399 FOR TDS PAYMENT ON PRO
- How do CA firms track SEBI/AMFI circulars and dead
- Jurisdictional validity of Sec 148 notice after fa
- Taxable Income or Not
- GST Input Tax Credit (ITC) on Camera Purchase &
- What makes CA Himanshu Singla different from other
- TAX TREATMENT AND ACCOUNTING ENTRIEOF PERQUISITES
- Gifting money to my father-in-law (my husband's da
Related Topics :
CAclubindia
