The following are the extracts of the current liabilities of a limited liability company : 31-3-2022 31-3-2023 Provision for Taxation 50,000 75,000 An income tax of ₹ 65,000 was paid during the year. The amount of provis
CS Executive · Corporate and Management Accounting · PYQS · June 2024
The following are the extracts of the current liabilities of a limited liability company : 31-3-2022 31-3-2023 Provision for Taxation 50,000 75,000 An income tax of ₹ 65,000 was paid during the year. The amount of provision for taxation made during the year is :
Answer & Explanation:
Correct Answer: Option (D)
Official answer key: (D).
Topics: Financial Accounting
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