Easy Office
LCI Learning

Fixed deposit receipt trading

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
14 December 2012 kindly confirm me,
is there any fixed deposit receipts or current account can use for trading with best interest rate?

if can, is it fully legal?
Profile Image

CA CS Amit S. Kedia

Profile Image

CA CS Amit S. Kedia (Expert)
14 December 2012 trading means??
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
14 December 2012 trading in international commodities, oil and etc.
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

CA CS Amit S. Kedia

Profile Image

CA CS Amit S. Kedia (Expert)
14 December 2012 I dont understand you query, how the FD will be used for trading. it has fixed tenure/maturity.
Profile Image

@VaibhavJ

Profile Image

@VaibhavJ (Expert)
14 December 2012 Hi

since trading is business you can nat do it with Savings Bank A/c, you have to route through current A/c

Thanks

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links