Do we need to make an entry in the books of a proprietor for deduction U/s 35AD or AS 22 will be applicable and deferred tax entry will be created.
Manmeet Arora (CA) (111 Points)
31 August 2011Do we need to make an entry in the books of a proprietor for deduction U/s 35AD or AS 22 will be applicable and deferred tax entry will be created.
Karan Teli
(Life Is just an Illusion...!!)
(4573 Points)
Replied 31 August 2011
Deffered tax and AS 22 does not apply to proprietors.....
CA ADITYA SHARMA
(CA IN PRACTICE )
(16719 Points)
Replied 31 August 2011
Originally posted by : Karan Teli | ||
Deffered tax and AS 22 does not apply to proprietors..... |