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(Querist)
05 August 2008



WHAT IS THE MEANING OF INTER CORPORATE DEPOSIT & BENEFIT OF IT ?
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Vishnu Agarwal

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Vishnu Agarwal (Querist)
05 August 2008

REPLY AS EARLY AS POSSIBLE
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CA RAMESH KUMAR AHUJA

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CA RAMESH KUMAR AHUJA (Expert)
05 August 2008 Inter corporate deposit means deposi gien by one corporate to another.
The surplus funds available with one corporate may be lent to another to earn interest and the another cororate may utilise the funds in more rewarding channels. Usually these are short term deposits.
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Vishnu Agarwal

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Vishnu Agarwal (Querist)
05 August 2008


thank u
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Vishnu Agarwal

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Vishnu Agarwal (Querist)
05 August 2008


thanks a lot
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