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HOW INCOMTAX TREATED IN BALANCE SHEET ?

Asked by: 492 days ago - 2 Answers - 697 views

2 Answers


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    it is treated as liability for firms,associates because it always a expense but in case of govt department it always receivable so it treated as assets in the books of govt. kindly send ur views @ my e-mail a0999@rediff.com, to increase my knowledge along with ur e-mail address.
    thank s if u do so

    Answer by deepak soni 489 days ago


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    only in the case of income tax payable then in balance sheet under current liability and provisions

    Answer by deepak soni 488 days ago


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