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Answer Posted / satyaki_raju@yahoo.co.in
Mr.Karanam thanQ for the attempt. Why dont you try to
attempt all the questions posted under Tax Time. If needed
I will send complete KEY for all the questions. Send your
mail id immediately
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Hi, I would like to check if my understanding is correct I have a negative amount for provision of income tax in my balance sheet from my previous financial year.What are the accounting treatments for income tax paid and then refunded to you for the current year? Is this correct? For payment Dr provision of income tax cr bank For tax refund Cr provision of income tax Dr bank Do I need to input anything in income tax expense acct?
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is indian bank or canara bank CBS brach?
