22 August 2010
Is Income Tax Expenses after Assesement order passed is Allowed or Not??? Please Justify???With the Relevent Section of The Income Tax. For The Purpose Of Ref The Model Entry Is passed..... Provision for Tax A/C Dr 100 Income Tax Expenses A/c Dr 20 To Advance Tax 90 To TDS 30\ In Above Situation Rs 20 pertaining to Income Tax Expenses Will be allowed as Deduction or those will not be allowed??
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