how to coinsider int. on kvp's joint a/c, is his /her proportion only considered?
Menu
KVP's joint a/c
Replies (1)
It depends.
If the KVP Investment is being shown 50-50% in both the balance sheet then the interest element shall also be taken as 50-50.
Else the payor can claim the investment and also the interest thereon.
Recent Topics :
- Looking for practising CA
- TDS return filing
- Need formats of FS as per Co act 2013 in soft copy
- Remittance to italy
- Invoice made but goods not sent
- How Do CA Firms Manage Client Document Collection
- How do CA firms manage pending client documents du
- How to find a good CA
- Rcm on rent paid
- Clarify on GST Application
Related Topics :
CAclubindia
