Non Refundable of Deposit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 July 2011
What is the treatment for Non refundable of Deposit?
This Deposit can be transfer to revenue account?
if yes, then direct or indirect [ in trading firm ]
This Deposit can be transfer to revenue account?
if yes, then direct or indirect [ in trading firm ]
CA Navin Jain
(Expert)
21 July 2011
if its forfeited then transfer to indirect exp and if its adjusted to specific exp. then transfer to that exp.
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