saving account

166 views
User Avatar

66 Points Posted on 22 June 2019
If we have a company and there is no current account but have a saving account.
Now saving account give interest. So can we record interest as an income from other source.
0 Reply Share Follow
On 22 June 2019 at 17:16 Report
Replies (2)
User Avatar

General Manager - Finance
1040 Points Posted on 22 June 2019

Yes, you have to show these interest as Income.

Reply
On 22 June 2019 at 17:29
User Avatar

66 Points Posted on 22 June 2019
Thanks sir
Reply
On 22 June 2019 at 17:54

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Hi experts need help
  2. How to object stamp duty value if property is sold
  3. Residential House property and it's loan can shown
  4. Income Tax Department Website Error While Importin
  5. Loan & Joining bonus to new employees Chief Ma
  6. Income Tax NUDGE Notice – Gift of Shares fro
  7. Is DIR-3KYC Needed
  8. Looking for a study buddy intermediately Jan 2027
  9. How to correct a NIL GST return filed by mistake w
  10. Is it legally permissible not to report F&O lo

More recent discussions | Post

Related Topics :

Loading