Hello Friends,
My question is very easily that why we are not consider provision for Tax & Proposed Divided as a part of current Liab. Directly in Fund Flow Statement if question is silent ? In Cash flow statement AS -3 is apply so In CFS we are not consider provision for TAx & Proposed Dvidend as a part of current Liab. but In Fund Flow Statement, no any AS apply.
My View is "Provision for Tax & Proposed Dividend always be consider as a part of current Liab. if question says whatever else.
Give Your View...........
CAclubindia
