Tally Entry
Alka Sahani (Student) (60 Points)
27 September 2018
In which head we put interest on saving bank?
6 Replies
Ruchika Somani
(Coaching and Practice in Tax Audit Law)
(4429 Points)
Replied 27 September 2018
Under capital or indirect income in PNL
Alka Sahani
(Student)
(60 Points)
Replied 27 September 2018
when we choose capital or indirect income
Ruchika Somani
(Coaching and Practice in Tax Audit Law)
(4429 Points)
Replied 27 September 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
satish
(teaching)
(2046 Points)
Replied 15 October 2018
for your kind information, personal account we should not use for commercial activities. for that we should open current account.
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