What will be journal entry of provision for income tax in
current year and Adjustment entry in next year
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Answer Posted / sreeram
Hi Sankeerthana,
Here the provision you have created in the earlier year you
should reverse with corresponding payment.
By end of Sep 30 you know exact amount of Tax you need to
pay simply pass one more JV.
| Is This Answer Correct ? | 10 Yes | 12 No |
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