if our provision of taxation of particular year 23000/-
and on that year we paid advance tax 20000/-then how we
adjust this both amount.......
- 2 Answers
- 3665 Views
- I also Faced
- E-Mail Answers
Answer Posted / krishna
previous year there is a balance in provision for income tax
a/c Rs.23000,we need to carry forward that one and you need to
do the following process:
first add current year provision amount,
next less whatever you paid as an advance
and the balance you need to carry forward i.e.Rs.3000
(23000+0-20000)
| Is This Answer Correct ? | 0 Yes | 2 No |
Post New Answer View All Answers
Define deferred tax liability?
What is supporting documents enclosed & must be required to Submit of quarterly & Yearly Sale Tax Return (Haryana)
How can done the Accounting of WTC ? OR WTC treat (Take) like Service tax credit?
ie it possible to charge WHT and VAT on one trancaction? if yes,kindly explain the dynamics/working of both taxes
How to calculate long term capital gain
What is the general format for a consolidated file extension? It is showing invalid file format? So how to solve the error? How to correct the file format? Help me how to know the general consolidated file format like is it tan no_finan.Yr-quarter-type.Tds is this format correct one? Last time i have found the extension as .Csi is it correct?
in case of vehicle hired for staff pick up & drop for 1 month or 1 year, TDS is applicable ? if yes then which code is mention in challan & which rate is applicable ? in case of vehicle orner is personal or company which rate applicatble ?
treatment of Service tax and TDS
what is tax avoiding?
how to calculate vat, st, cst, excise duty, customs duty, tds.
What is permanent account number (pan)?
M paying salary of Rs. 22500/-, 21500/- & 17500/- to my employees, frm June 2010. I still have not deduct TDS from their salary. I have not applied for TAN No. M also paying rent of Rs. 50,000/- pm. And also have not deducted TDS on it. What should I do now?
What will be the planned expenditure in the budget 2009-10
meaning of accessory for central excise purpose
what is rate of different service tax in haryana
