Tax
This query is : Resolved
15 September 2016
Dear sir,
How can I classify FD on BG , FD on LC As short term or long term deposit.
How can I classify FD on BG , FD on LC As short term or long term deposit.
15 September 2016
Sir,
It depends on the maturity period of the Fixed deposit.
If FD is more than one year and if lien is there on such fd then it is non current.
It depends on the maturity period of the Fixed deposit.
If FD is more than one year and if lien is there on such fd then it is non current.
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