Balance Sheet - Current and Non current Assets

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VIJAY BHATT (Querist)
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16 May 2022 I have Fixed Deposit of INR 100000/- from 29.04.2021 to 29.11.2022.

My Question is As at 31-Mar-2022 above FD shows in current assets or non current assets ?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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16 May 2022 As the FD is maturing within one year from the balance sheet date, it's classifiable under current assets.

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CA Puja Sharma

CA Puja Sharma (Expert)
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16 May 2022 FD to be reported in current assets because it will mature within 12 months.

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