hii all.....
One of client has made investments in fixed deposit in banks.
While filing ITR of the client i am not getting any coloumn of the fixed deposit under investment.
So is it ok to show under "BALANCE WITH BANKS"
please suggest
thanks
Menu
Income tax return
Replies (5)
Garvit, first of all it seemsthat you want to know the balance sheet treatment, Its OK to show under Other current assets
| Originally posted by : saloni | ||
 |
Garvit, first of all it seemsthat you want to know the balance sheet treatment, Its OK to show under Other current assets |  |
DEAR saloni,
fixed deposit is made for one year ...so which is better option??
A) to show under other current assets along with other amts of current asset OR
B) show under balance with banks
thanks
option A is still a better option.
| Originally posted by : Tribhuvan Aditya Singh | ||
|
option A is still a better option. | |
thanks dear aditya and saloni
Yes, in taht case also show under other current assets
Recent Topics :
- ITC availed on 5%-rate passenger transport (AC bus
- Extension of Due Date of AY 2026-27
- FAST DS 2026
- Does AIS GST Purchase aggregate GSTR-2B expenses?
- Form 26A - System has encountered some technical p
- Tool to convert GST invoice PDFs into Excel —
- Revised or rectification or leave it?
- Private limited tax audit
- LTCG - SEC54
- Foreign remittance from our client for Co Working
Related Topics :
CAclubindia
