Group for ledger

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

07 September 2017 Self assessment tax advance tax paid on behalf of proprietor so show in capital. If partnership firm are there then where show self assessment tax advance tax.

Ashiwini Ballodia

Ashiwini Ballodia (Expert)
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07 September 2017 In case of partnership firm it can be shown as current asset and later of should be adjusted with the income tax provision of that year

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