Normally, the entire income-tax paid is shown as a deduction from cash from operating activities because information is not available amount the tax on investment income
Anand Sankaran
CA Inter
★ 3K+
02-May-23 16:45
Tax paid is deducted as cashflow.
CA Suraj Lakhotia
Admin
02-May-23 17:04
Prepare the provision for tax and advance tax account as shown in class. Tds also same treatment as advance tax
