Easy Office
Easy Office

provision for income tax

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
23 September 2010 Dear experts is it necessary to create provision of tax in the books i.e in the books of 2009-10 or we can directly debit the income tax in next year at the time of payment
thanx in advance
Profile Image

CA Navin Jain

Profile Image

CA Navin Jain (Expert)
23 September 2010 YES YOU MUST CREATE THE INCOME TAX PROVISION IN THE BOOKS OF ACCOUNTS
Profile Image

Bhaskaran Chackrapani Warrier

Profile Image

Bhaskaran Chackrapani Warrier (Expert)
23 September 2010 In the case of corporate assessee's provision is mandatory. In other cases,only recommendatory.
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

CA Navin Jain

Profile Image

CA Navin Jain (Expert)
23 September 2010 I agreed with sir ji

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


CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links