urgent query regarding cash flow statement

PROVISION FOR TAX AND DIVIDENDS FOR THE CURRENT YEAR ARE ADDED TO THE PROFIT IN CFS IN THE BEGINNING OF CFS UNDER INDIRECT METHOD AND ADVANCE TAX IS ADJUSTED AGAINST TAX PAYABLE FOR THE CURRENT YEAR......

Dear Sudhir,

Friend Dipesh has rightly mentioned, just want to add that the"Advance Tax will be deducted from "cash from Operating Activities" & "Provision for Tax" will be added for adjustment of Non cash items....

According to Dipesh "PROVISION FOR TAX AND DIVIDENDS FOR THE CURRENT YEAR ARE ADDED TO THE PROFIT IN CFS IN THE BEGINNING OF CFS UNDER INDIRECT METHOD AND ADVANCE TAX IS ADJUSTED AGAINST TAX PAYABLE FOR THE CURRENT YEAR......"

But I doubt because there is nothing like tax payable for the current quarter in a cash flow statement.

*quarter = financial year

hey munjal r u mad? ur doubt is useless. mr. dipesh and mr. amir had given correct answers. r u a ca? i think u r ignorant

DIPESH HAS CORRECTLY MENTIONED