Question

what do u mean by provision for Taxation

Answer 1

A provision for income taxes is the estimated amount that a business or individual taxpayer expects to pay in income taxes for the current year. The amount of this provision is derived by adjusting the reported net income of a business with a variety of permanent differences and temporary differences

Answer 2

Taxation is the way that our government fakes their revenue forever.

But sometimes tax is not given by people's then build a provision of taxation that is best way to get the answers of it.

Hope it's helps u.

I haven't large answer of it