provision for tax

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doubt in respect of journal entry of prov.for tax..
1.tax expense Dr.
To provision for tax
or,
2. P&L a/c.......... Dr.
To Prov. for Tax
please solve this query...
Replies (3)

Tax expense  A/c  Dr 

 To provision for  Tax  Cr 

(Being provision for tax )

tax paid then...... provision for taxation a/c dr. to cash a/c
if provision made in the year ..... then such entry shall be pass profit /loss. a/c. dr. to provision for taxation a/c


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