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.
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.
CA R SEETHARAMAN
(Expert)
03 December 2021
Yes, it's Allowed.
Credit capital account and debit bank account.
Credit capital account and debit bank account.
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