Prepare Provision for Income Tax Account from the following information for preparing Cash Flow Statement Provision for Income Tax ₹ 2,20,000

Prepare ‘Provision for Income Tax Account’ from the following information for preparing Cash Flow Statement:

Equity and Liability Side of Balance Sheet

	31.03.2021	31.03.2022
Provision for Income Tax	2,20,000	1,90,000

  Additional Information: Provision for Income Tax made during the year 2022 was ₹ 1,70,000. [Ans. Income Tax paid ₹ 1,86,000.]