Hi All,
Kindly share your views on the accounting treatment for "Profession Tax for Company and Directors"
I feel this expenditure should be debited to "Rates and Taxes" as there is no deduction from the directors salary for this amount.
Am i right in my view?
Thanks in advance
Pranav
T R SOOD & CO
New Delhi
CA Inter
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Shaswat initial support private limited
Ahmedabad
CS
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CAclubindia
