Advance income tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 September 2011
ADVANCE INCOME TAX PAID DURING THE F.Y.AND ITS VIEW TO P&L IT IS CORRECT OR NOT.
28 September 2011
Query not clear. Advance income tax need to pay based on the projected income for the financial year. It Need to be debited advance tax under current asset
29 September 2011
Ramesh is right, it shpuld be shown under Current Assets
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Cash sale limit for gst sales to unregistered party
- Surcharge on TDS on sale of property
- GST QUERY RELATED TO REFUND APPLICATION
- E- invoice-2
- How to show in itr 3
- DOCUMENTS APPLICABLE & MENDATORY FOR GOODS MOVEMENT FROM UNIT-1 TO UNIT-II.
- INTIMATIONU/S/ 143 (1) ERRO RETIFICATIO
- Non resident status & Taxation in India
- Surcharge on pvt discretionary trust
- GST on MGNREGS
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
- Clarification Required on GST Rate & HSN Classification – Millet-Based Probiotic Drink
- TDS Return filing if only have 15G /15H deductions and no other payments
- 80G deduction eligibility
- GST on Tobacco - as per new notification
- Cant amend a 26QB
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Composition Dealer GST Annual Return Filing process
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani -
IDT LIVE Exam Oriented Batch | May 2026, Sept 2026 & Jan 2027
CA Arpita Tulsyan
CAclubindia
