Deferred Tax

[Sheraz Ahmad]

<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by [email protected]</i>
<br />Hellow All!

I am Umar, PIPFA (fINALIST), I WANT TO ASK ABOUT DEFERRED TAX WORKING EXAMPLES, PLEASE PROVIDE ME THE SAME I REQUIRED FOR CLEARING MY CONCEPT.

THANKS.

MUHAMMAD UMAR
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

General Journal Aur Bank Payment Voucher


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<font color="blue"><b> M/s ABC Company (Dr) 50,000
Income Tax Payable U/s 153 (Cr) 1,750
By Meezan Bank Ltd (Cr) 48,250</b></font id="blue">
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This Withheld I/Tax Amount Must be Deposited in Govt Treasury with in a Week as per the following entry

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<font color="blue"><b>Income Tax Payable U/s 153 (Dr) 1,750
National Bank Of Pak (Cr) 1,750</b></font id="blue">
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Mr. Umar
I Hope U Will Fully Understand.I will Glad to see any reply from u.