Provisions entry in balance sheet or p&l account ?

Dear friend, Provisions for taxation is to be created that it is belonging to a particular year and having provided to Tax, deferred tax, the partner can share their profits or after providing for dividend and balance traf to p&la/c for the company.  If you remit the advance tax, it will be debited in income tax paid a/c in assets side. If you provide tax, then provision for taxation will be credited & appears in liability side. When the assessment is over, TDS receipts a/c, income tax paid a/c provision for taxation, & p&L appropriation a/c will be traf and tallied. correct>>>>>>.explained>>>>>.sekar.