[Solved] The balances of Provision for Taxation were Rs. 20000 and Rs. 15000 in 2019 and 2020 respectively, if in the current year taxed paid were Rs. 10000 then what will be the current year provision for tax made from profit?

Q.	The balances of Provision for Taxation were Rs. 20000 and Rs. 15000 in 2019 and 2020 respectively, if in the current year taxed paid were Rs. 10000 then what will be the current year provision for tax made from profit?
A.	Rs. 7000
B.	Rs. 5000
C.	Rs. 15000
D.	Rs. 10000
Answer» B. Rs. 5000

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Advanced Financial Management 2

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