banner_ad

Entry for interest received from electricity security

This query is : Resolved 
Profile Image

Profile Image

(Querist)
05 September 2017 Please help me
Mr. A received Interest of Rs. 74865/- on Security Deposit from Electricity Company and TDS to be deducted @10%
What is the entries in the books of A for both Interest and TDS.
Profile Image

Ashiwini Ballodia

Profile Image

Ashiwini Ballodia (Expert)
05 September 2017 Bank Ac DR 67378.5
TDS Receivable DR 7486.5
To Interest on Security Deposit 74865
Profile Image

arun

Profile Image

arun (Querist)
06 September 2017 Sir,
"Interest on Security Deposit" comes under which head ?
Profile Image

Ashiwini Ballodia

Profile Image

Ashiwini Ballodia (Expert)
06 September 2017 In Profit & Loss it should be shown as indirect income & in ITR is should be shown as Income form other sources
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details