What will be the journal entry of provision for income tax
in the financial year .

Answer Posted / chandu

income tax a/c dr

to provision for income tas

Is This Answer Correct ?    44 Yes 20 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Short Answer on _________Business

1593


All Accounting Question Related Send Me ..

1672


My company's accountant use two different way to calculate Depreciation,one as per Companies Act and another rate for Income Tax calculation. Why we have to use two way to calculate it? Can we just use one way to calculate?

1641


I want to become CFA so kindly provide me all information regarding this like fees structure,colleges in mumbai,duration etc.

1305


What is COVER payment?

2215






Dear all We have purchases the dialer & loger with all equipement for setup new call center from simens ltd. i taken to in our books as plant & machinary under fixed assets .So we want the rate of deprecation. Please answered me .

3463


i have completed my MBA with finace background. am intrested to learn oracle finace.can you suggest me which are good instittues in hyderabad.at area wise.

1732


We are running an educational institution in Karnataka,India. Is there any ceiling stating that if gross salary is upto this then only incentive or bonus can be paid?

1601


What is the use of final account?

1399


Tell me the steps for Import and Export Thanks

1482


Expand-------NSAC

1480


Plz send me the questions that could be asked in an interview for a Bank Clerical job to suja_aln@yahoo.co.in. Thank you.

1434


What is payment/receipt/period accruals?

1275


Hi friends ineed finacial analyst interview question Pls share it

1527


When we are raised a interstate invoice then which type invoice we are raised

1465