Taxtreatment in partnership firm

please refer to this link

https://wirc-icai.org/wirc_referencer/income%20tax%20&%20wealth%20tax/Taxation%20of%20Partnership%20Firms%20&%20LLP.htm

Sir

There is nothing related to accounting treatment..Its all related to taxation of partnership Fims

Umesh

There is no legal requirement to make provision for income-tax liablity in the case of Partnership Firm. However, You may make it.

It is more convinient to debit it to partners capital account.

Regarding Sales Tax Demand you may debit it in P & L as its related to your trading activity. and for Income Tax debit it to partners capital since its firms personal tax liablity which not allowed as expense in Income Tax Act.

Thanks a lot for ur valuable advice.