Dear Members,
What will be the classification of Interest from Bank FD for an NBFC ( micro finance ). Whether it will be classified as direct income or indirect income.
Menu
Interest on bank fd whether direct or indirect income
Replies (3)
It is indirect income
Dear Member,
Interest on Loan is Indirect Income.
It is NBFC has deposited in bank, i couldn't understand clearly
if nbfc business is investing in deposits then it is a direct income...
or if the question is you have invested in an fd then it is an indirect income
if nbfc business is investing in deposits then it is a direct income...
or if the question is you have invested in an fd then it is an indirect income
Recent Threads
- Interest on reversal of ITC when ITC balance avail
- Is MirrorFly an Instant Messaging Software?
- ITR filling for legal heir
- How Can I qualify CA Final Exam?
- Wrong reporting on 22 april 2026 under article inc
- Articeship Form 107
- TAN for Multiple States
- Delivery Challan serial number Issue and return ru
- After filing form 71 For TDS mismatch
- UNCLAIMED TDS REFUND QUERY
Related Threads
CAclubindia
