Provision for taxation
This query is : Resolved
17 September 2012
please tell me how to working provision for tax.
please explain me with example
please explain me with example
17 September 2012
what exactly you need. Your question is not clear.
Please Elaborate little more.
Please Elaborate little more.
17 September 2012
First u calculate Income tax including interest on total income then less advance tax+tds+tcs. balance amount is provision for tax which is shown in balance sheet under short term liability as per revised schedule VI
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