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Thread Starter
Hemanthkumar HemanthSir please calculate the profit and loss account
It would better if you can ask any specific doubt you have. Or share your working, we can suggest if any correction required.
Sahibdeep Singh
It would better if you can ask any specific doubt you have. Or share your working, we can suggest if any correction required.
Sir how treatment income tax paid and provision for taxation.
Thread Starter
Hemanthkumar HemanthSir how treatment income tax paid and provision for taxation.
Provision for taxation will be shown as liability in Balance Sheet (not in P&L as already a part of Trial Blanace). Income tax paid as asset.
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