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F.D. maturity amt

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14 Points Posted on 01 August 2019
if F.D. maturity Amt Rs.539000/- credit on account then which head under became Above Amt. in Balance sheet?
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On 01 August 2019 at 20:16 Report
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"Do the Right Thing...!!!"
128147 Points Posted on 01 August 2019
Is it individual BS or Business BS...?
463 Reply
On 01 August 2019 at 20:48
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58 Points Posted on 01 August 2019
if you individual then only interest to be disclosed under head Income from others source
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On 01 August 2019 at 20:57
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ACCOUNTANT
2975 Points Posted on 01 August 2019
Query about Maturity amount...

In both condition the amount to account in Capital head...

Am I right Mr Raja P M Sir...?
6 Reply
On 01 August 2019 at 21:00
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"Do the Right Thing...!!!"
128147 Points Posted on 01 August 2019
Am I right Mr Raja P M Sir...?

Yes... If Business is Proprietary business.
463 Reply
On 01 August 2019 at 21:01
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219 Points Posted on 04 August 2019
Maturity Amount is Principle Amount + Interest. The Principle Amount treated as Income and Interest treated as Interest.
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On 04 August 2019 at 04:46


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