Easy Office
LCI Learning

Provision for it in schedule iii

This query is : Resolved 
Profile Image

Profile Image

(Querist)
03 January 2016 Provision for income tax will be shown as Short term provision or Long term provision in Schedule iii ?? and reason for the same.
Profile Image

Ankur Singhal

Profile Image

Ankur Singhal (Expert)
03 January 2016 Dear Raj
It will be shown as short term provision as it needs to be settled within a period of 12 months.
Profile Image

Ankur Singhal

Profile Image

Ankur Singhal (Expert)
03 January 2016 Dear Raj
It will be shown as short term provision as it needs to be settled within a period of 12 months.
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

Raj bhanushali

Profile Image

Raj bhanushali (Querist)
16 January 2016 oohk. Settlement is yet to be done. Company has made the payment as per its computation. Assessment by department is pending Than where will be provision shown??

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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links