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Interest on post office monthly income scheme.


12 March 2017 Whether Interest on MIS which is credited in SB and shown in profit and loss account, should also be taken in Balance sheet under Post office SB Balance.

Whether Recurring Deposit closed during the year should be deducted from the opening balance or not.

12 March 2017 Interest received from post office deposit can be shown in other income and consider as bank balance if it is already credited in to your bank account not under Post office deposit RD closed during the year show as liquidated current year as inflow.



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