Banking
This query is : Open
06 November 2012
For a fixed deposit of a customer which is already due, bank has received a letter from anti corruption bureau for attachment of FD, but customer has requested the bank for interest payment. Can we do it?
22 November 2012
Yes, If the fixed deposit is not on compounding basis and yearly interest payment is to be made then yes but the principal amount cannot be paid to you
Message likes :
1 times
25 December 2012
I differ with Shri C.A. S.S. Agarwal,
when any government department makes attachment, every right on movable property
also vests to issuing authority.
In this circumstances bank should not pay interst.
I differ with Shri C.A. S.S. Agarwal,
when any government department makes attachment, every right on movable property
also vests to issuing authority.
In this circumstances bank should not pay interst.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS on Consultancy- Non DTAA
- Reopen of assessment proceeding
- Depreciation of fixed assets- coop housing society in mumbai
- EPF FULL & FINAL RULES IN 2026
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- Experts need help
- Gift Received from nonblood relative
- Management System (IMS)
- FTS Taxable under 115A
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
