tax audit fees-provision

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....ax audit fees-provision<br> Query (Issue) Started By: - Gaurav Gawri Dated:- 8-6-2016 Last Reply Date:- 8-6-2016 Accounting - Auditing<br>Got 1 Reply<br>Companies Law<br>Hi All, Please help me to sor....

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....t 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 not received, for the same provisi....

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....on 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 my views. Thanks.<br> Discussion Fo....

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