Profession tax

Dilip Kadam (services) (119 Points)

25 December 2009  

 

As per last year balance sheet (2008-09) profession tax liability is 58000/- but actual liability is 91000/- as per march month challan. Liability ahs shown less then actual payment. Now can we adjust the above liability by passing any entry
Can we treat as a expenses  difference between liability and payment
Pls suggested solution to setoff the above account.