its urgent plz make it quick
This query is : Resolved
03 September 2009
can anybody tell me how to show the interest on fdr received by charitable trust during pre construction period.there is also pre operative exp.can we adjust the interest against pre operative exp or whether it should be shown in p/L a/c seperately
thanks in advance
regards
vikram gupta
thanks in advance
regards
vikram gupta
03 September 2009
IT IS INCOME FOR THE PURPOSE OF INCOME TAX ACT
SHOW IT IN P L ACCOUNT
ASSUMING AMOUNT APPLIED FOR CONSTRUCTION FOR CHARITABLE PUPOSE NO TAX
SHOW IT IN P L ACCOUNT
ASSUMING AMOUNT APPLIED FOR CONSTRUCTION FOR CHARITABLE PUPOSE NO TAX
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