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What is the treatment of income tax paid in advance while preparing cash flow statement?why? please explain in detail.
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What is the treatment of income tax paid in advance while preparing ca...
As the amount is paid from bank, therefore In cash flow, the amount of tax paid gets deducted from cash flow from operating activities and working capital gets changed. In case of provision for tax, it is provision created for calculated tax liability on net profit before tax
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What is the treatment of income tax paid in advance while preparing cash flow statement?why? please explain in detail.
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What is the treatment of income tax paid in advance while preparing cash flow statement?why? please explain in detail. for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about What is the treatment of income tax paid in advance while preparing cash flow statement?why? please explain in detail. covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the treatment of income tax paid in advance while preparing cash flow statement?why? please explain in detail..
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