grouping of ledger
This query is : Resolved
09 January 2009
sir
please say me under what group should i prepair ledger a/c income tax in a partnership firm (contains 4 partners)and should the income tax be adjusted in their capital ac
please say me under what group should i prepair ledger a/c income tax in a partnership firm (contains 4 partners)and should the income tax be adjusted in their capital ac
09 January 2009
it will debited to partners' capital account in their profit sharing ratio.
09 January 2009
You Can also Create Provision for Income tax & TAX Paid(Advance tax,TDS,Self Assessment)
Profit After Tax Can be Transfered to Partners Capital as per their Deed
Profit After Tax Can be Transfered to Partners Capital as per their Deed
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
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- ITC temporary reversal and reclaim
- TDS U/S. 194NF
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- Applicable TDS rate for sale of property in Nov 2024
- Import license renewal
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
