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Provision for interest on fixed deposit.

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 June 2013 according to conservatism concept creating provision for income is not acceptable but some companies are disobeying this principle. please resolve this query as soon as possible.
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Rupesh Jain

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Rupesh Jain (Expert)
22 June 2013 as per company law company maint a/c according to accural basis

intt. accured on FDR till b/s date to be taken in P/l

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