Where do we find a place of Income TAx Adjustment for earlier years in Statement of P&L a/c as per Revised Shedule vi?
Menu
Schedule vi
Replies (1)
You have to disclose it in "Tax Expense" as tax for the previous years. Refer below. It should be disclosed in (c)
| Tax expense: |
| (a) Current tax expense for current year |
| (b) (Less): MAT credit (where applicable) |
| (c) Current tax expense relating to prior years |
| (d) Net current tax expense |
| (e) Deferred tax |
Recent Topics :
- Query on FCTRS
- APPLICABILITY AND BREAKDOWN OF GST COMPLIANCE ON S
- Advance for supply of goods
- Question for members: how do you manage client doc
- Clarification Required on Invoicing and Receipt of
- SEBI Registered VS NSDL Registered RTA
- Income tax or capital gain tax for Resident Indivi
- PCIT-1 Thane Email address
- CA Fees deduction for non audit case allowed?
- 5th Letter PAN Mismatch with Surname issues still
Related Topics :
CAclubindia
