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Student
60 Points Joined September 2018
In which head we put interest on saving bank?
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On 27 September 2018 at 16:44 Report
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Coaching and Practice in Tax Audit Law
4429 Points Joined June 2018

Under capital or indirect income in PNL

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On 27 September 2018 at 17:12
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Student
60 Points Joined September 2018
when we choose capital or indirect income
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On 27 September 2018 at 17:14
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Coaching and Practice in Tax Audit Law
4429 Points Joined June 2018

When saving bank acoc*nt is used for personal purpose that time capital or else if it is used for business purpose that time indirect income PNL

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On 27 September 2018 at 17:15
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Student
60 Points Joined September 2018
thanks it's really help me out
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On 27 September 2018 at 17:18
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Indirect Incomes are Incomes earned through non business activities.

Like selling of scrap materials.Sale of carton boxes etc.Discount Received, Interest received

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On 28 September 2018 at 15:28
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teaching
2046 Points Joined February 2009
for your kind information, personal account we should not use for commercial activities. for that we should open current account.
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On 15 October 2018 at 22:04


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