Current ac
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 May 2014
clarify that is it necessary to open a bank current account for medical profession (clinic name and medicine bills on individual name) for clinical transactions instead of saving account ?
01 June 2014
it is not necessary to open current account...saving account also serves teh same purpose except that when the number of transactions is more, current account is beneficial as there are no operational limits in it.
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
- ADT-3 AND ADT-1
- TDS Under Section 194IA Where More than one Buyer and More than one Seller
- Itr .….......
- FOREIGN GAIN AND LOSS
- IRN was not generated for October-2025 Invoice but generated e waybill, now it is self identified,
- Interest on Capital-Partnership Firm
- E-way bill issue with two invoice
- ITC claim of capital goods
- STCG.........
- OLD MACHINERY SALE
- Exemption u/s 10(23C)(iiiad) by ITAT
- Mentioning of GST models in invoice
- Sec 185 and 186
- GST reco file in excel
- 80G deduction eligibility
- GST on Tobacco - as per new notification
- Cant amend a 26QB
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Composition Dealer GST Annual Return Filing process
- TDS under section 195.
Trending Online Classes
-
Online GST Course - Master the Fundamentals of GST with Practical Insights
Ruhi Joshirao19 January 2026
CAclubindia
