company accounts

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bhadrakali

bhadrakali (Querist)
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28 June 2010 how to close the advance tax account in the books of company

CA Sanat Pyne

CA Sanat Pyne (Expert)
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28 June 2010 When your it assessment has been complited, then you have to make a closing entry by debiting provsion for it and crediting advance tax and self assessment tax.

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