TMI Blogtax audit fees-provisionX X X X Extracts X X X X X X X X Extracts X X X X ..... Hi All, Please help me to sort out why provision for tax audit is not done in the books - Reply By Ganeshan Kalyani - The Reply = Accounting is done on accrual basis. Expenses incurred but invoice ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... not received, for the same provision is made in books. Audit is done only when accounting year is closed. So audit is expense of subsequent year. And therefore provison is not made in books. This is ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... my views. Thanks. - tax audit fees-provision - Query Started By: - Gaurav Gawri Dated:- 8-6-2016 Accounting - Auditing - Got 1 Reply - Companies Law - Discussion Forum - Knowledge Sharing, reply po ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... st by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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