Income tax

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INTEREST ON INCOME TAX REFUND IS IT CAPITAL RECEIPT OR REVENUE RECEIPT
Replies (6)

Revenue receipt and taxable.

Agreed with Dhirajlal Sir

Provision for income tax

Entry in tally

@ Navin Kumar

PROFIT & LOSS ACCOUNT DR. .......
TO PROVISION FOR INCOME TAX ACCOUNT ........

FOR NEXT YEAR WHEN PAYMENT MADE.

PROVISION FOR ICOME TAX ACCOUNT DR. 
TO BANK ACCOUNT

Thank you sir


CCI Pro

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