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:
Additional Information:
Provision for Income Tax made during the year 2022 was ₹ 1,70,000.
[Ans. Income Tax paid ₹ 1,86,000.]
Equity and Liability Side of Balance Sheet
| 31.03.2021 | 31.03.2022 | |
| Provision for Income Tax | 2,20,000 | 1,90,000 |
Anurag Pathak Answered question January 2, 2025
