why is not income tax paid allowed as an deduction in profit and loss account?
Nitish Vats (6 Points)
12 March 2022why is not income tax paid allowed as an deduction in profit and loss account?
Eswar Reddy S
(CFO- at NHTF)
(58263 Points)
Replied 12 March 2022
Samantha J
(1236 Points)
Replied 20 March 2022
Eswar Reddy S
(CFO- at NHTF)
(58263 Points)
Replied 20 March 2022
You may see provision for income tax under current liabilities
Samantha J
(1236 Points)
Replied 20 March 2022
Eswar Reddy S
(CFO- at NHTF)
(58263 Points)
Replied 20 March 2022
Samantha ! Actress !!
PBT - Tax = PAT
Sch III has Income tax in the format in P&L but final effect in accounts will be in Balance Sheet ..
Open your eyes and have dinner and come back
Samantha J
(1236 Points)
Replied 20 March 2022
Eswar Reddy S
(CFO- at NHTF)
(58263 Points)
Replied 20 March 2022
Samantha J
(1236 Points)
Replied 20 March 2022
Eswar Reddy S
(CFO- at NHTF)
(58263 Points)
Replied 21 March 2022
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)