Entry for income tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 June 2018
I am Trader/Sole Proprietor,i have paid income tax and passed an payment entry i.e credited bank account and debited income tax account in tally (Created income tax under ledger duties and taxes).,is any additional entry required to be passed;if yes then why it is need to be passed
25 June 2018
Income Tax paid amount accounted in Capital Account (proprietor Account)
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
- TDS in case of Inoperative PAN under Section 192A
- How to reclaim rent paid on behalf of a registered person?
- IGST of Feb 23, Can we claim ITC now?
- TDS u/s 194IB
- NSC interest taxability at maturity
- Interest On TDS under section 201(1A)
- Trust audit of Mumbai
- Form 26b submission
- GST implication in case of Proprietor
- Sale of Ancestral property - Capital Gains
- Clerical mistake in GSTR 1 entered
- PTEC Challan not reflecting in Payment History
- Director's remuneration and RPT
- Amendment in GSTR1A
- GST adjudication monetary limit
- BSR AND CHALLAN SERIAL NUMBER IN CASE OF BANK ATTACHMENT ?
- CA FINAL Group-1 Completed
- B2C Large Invoice Reporting Requirement
- Different payment bank or method used rather than AD Code registered bank
- Articleship Registration 2024
Trending Online Classes
CAclubindia
