Please Help: accountancy
Posted Date : 18-Mar-2012 , 05:17:11 pm | Posted By: Gourav Soni
Category :
Accounts | Answers :
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what will the treatment case of cash flow when provision for taxation is given and advance tax is also given |
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Answers:
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 Answer by: Ashish Karundia |
| Dear Gaurav,
In cash flow, provision for taxation is to be added back in 'Operating Activities' and advance tax is to be deducted from 'Operating Activities'.
Hope the above suffice.
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| Comments |
| Posted By : Amit |
30-Mar-2012, 11:29:36 |
| friend Ashish Karundia,can we also consider avance tax as prepaid expenses (i mean current asset) ???
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