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what is enty of income tax paid by company.& what is group
of income tax paid.

Answer Posted / mohit gupta

1. Income Tax A/c Dr.
To Provision for Income Tax A/c
2. Reserve & Surplus or Capital A/c Dr.
To Income Tax A/c
3. Provision for Income Tax A/c Dr.
To Bank/Cash (when paid)

Is This Answer Correct ?    2 Yes 2 No



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