Provision for FBT

U have to reverse the provision when  FBT (last year) is actually paid...

If u have already paid then y do u make provision...provisions r made for future liability which cannot be quantified on 31 st march...

FBT For FY 2006-07 payable Rs.2L., if the FBT is 2L exactly then provision entry is right.,

Sometime at the time of subbmiting return we calculate the correct FBT., that FBT to be provide for provision for expenses