EASYOFFICE
EASYOFFICE
EASYOFFICE

Adjustment of advance tax

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
11 June 2013 Dear friends

provision for income tax Rs. 300.00
as on dt. 31.3.12. After finalization of b/s the tax paid 250.00 diff. amt. 50.00. what entry will be pass in the book for diff amount in current year.
Profile Image

CMA Ramesh Krishnan

Profile Image

CMA Ramesh Krishnan (Expert)
11 June 2013 Dr: Provision for Income tax Rs.300
Cr: Income tax paid Rs. 250
Cr: Profit & loss a/c Rs.50

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


EasyOFFICE CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links