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It provision for proprietary firm

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(Querist)
17 September 2023 Sir,
Assessess tax audit business income and other income provision of income tax created in books Fully or business income average as per slab rates
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
18 September 2023 No need for tax provisions.
Debit capital account whenever income tax is paid.

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