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F.D. maturity amt
if F.D. maturity Amt Rs.539000/- credit on account then which head under became Above Amt. in Balance sheet?
Replies (5)
Is it individual BS or Business BS...?
if you individual then only interest to be disclosed under head Income from others source
Query about Maturity amount...
In both condition the amount to account in Capital head...
Am I right Mr Raja P M Sir...?
In both condition the amount to account in Capital head...
Am I right Mr Raja P M Sir...?
Am I right Mr Raja P M Sir...?
Yes... If Business is Proprietary business.
Yes... If Business is Proprietary business.
Maturity Amount is Principle Amount + Interest. The Principle Amount treated as Income and Interest treated as Interest.
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