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why the provision is created in profit and lose account
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Answer / sunny matta
Because Provision means the unexpected cost which will hit
in our books in future that's the reason we will put some
estimated amount in the books for particular account codes.
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Dear sir , 1-what is diffrence local tax & vat 2 -what is sales tax. tds. service tax challan & return due date(monthly & quartly, annually) 3- what is deprecation rate in company act 4-what is income tax latest limit-
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