Postal RD maturity amount


This query is : Resolved 

03 December 2021 Sir,
It assessee amount received postal RD maturity received.if a person monthly RD payment amounts (installments)not enter in books.
Question:
1.Assessee postal rd maturity amount credited by capital account in books allowed in it act.
2.accounting entry passed procedure in books.

03 December 2021 Yes, it's Allowed.
Credit capital account and debit bank account.


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