A provision for tax is the estimated amount that a business or individual taxpayer expects to pay income taxes for the current year.

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A provision for ______ is the estimated amount that a business or individual taxpayer expects to pay in income taxes for the current year.

Withdrew from bank for paying Income tax - Is itthe amount withdrawn for paying compaany's Income tax or that of the properitor ?

Prepare Provision for Income Tax Account from the following informations for preparing Cash Flow Statements:
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Additional Information:
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Q. Suppose provision for tax of current year is given but there no information regarding the tax payment of previous year. so will we assume that the provision made for current year is equal to the tax paid of previous year

Q. A tax payer is exempted of income tax for the first Rs.

100000

of his annual income but for the rest of the income he has to pay a tax at the rate of

20 %

. If he paid Rs.

3160

as income tax for a year his monthly income is

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