It has been discussed that the limit on fixed deposits by an association of members owners of a building or a building society is 20 lakhs before GST is applied. This is for income and expenditure account.
Is it possible to cross that limit by opening another Foxed deposit account in another bank. the name of the association or society being the same
suresh_o_chotrani @ yahoo.com
Kothari Jain Patil & Chartered Accountants
Pune
CA Inter
View Details
PARV & Co.
New Delhi
CA Inter
View Details
N J Suresh & Associates
Bengaluru
CA Inter
View Details
Murali and Sumeet Chartered Accountant
Bengaluru
CA Foundation
View Details
CCI
Pro
CAclubindia
