FDR Current or Non Current Investment

This discussion clarifies whether Fixed Deposit Receipts (FDRs) are classified as current or non-current investments. The general rule is that investments maturing within 12 months from the balance sheet date are considered current. The conversation highlights the importance of considering the financial year-end (e.g., March 31st) when determining this classification, referencing accounting standards like AS 13 or IND AS 32 for definitive guidance.