CA Inter doubt
What will be the treatment for provision for income tax debited to p and l account in cash flow from operating activities under indirect method
Asked by Shiva23 Sept 2025802 views
CA Inter doubt
Asked by Shiva23 Sept 2025802 views
Akil · 23 Sept 2025
First of all provision for tax in current year is a non cash expenditure which reduces my current year net profit but there will be no actual cash outflow in my current year cash account, So add back the provision for tax in current year in operating activities
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