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Issue on fd

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Himanshu (Querist)
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21 September 2013 Is fixed deposit be considered as Fixed assets in a pvt. ltd. co.???

CA Parul Saxena

CA Parul Saxena (Expert)
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21 September 2013 As per Revised schedule VI Fixed deposits are considered as bank balances. So you may group Fixed deposit as bank balances.

Nikhil Kaushik

Nikhil Kaushik (Expert)
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21 September 2013 No. it will form part of ur cash and cash equivalents.

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