Property tax paid

This query is : Resolved 

28 October 2011 In pvt ltd company, when paid property tax , in which account we have to entered.

29 October 2011 In profit & loss A/c as an indirect expenses. you can claim as deduction while computing income tax too.

Property tax (indirect expense)
to cash/bank

31 October 2011 Dr: Rates & Taxes (under Indirect expenses)




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries