19 July 2024
Sir, What have to be shown with FDs. 1. The principal amount that are within the FY 2023-24 such as in Interest certificate issued by the bank. 2. FDs that matured and renewed principal amount within the bracket of FY 23-24. 3. All the FDs like for ex. an FD initiated say in the year 2022 but still maturing in the year 2025. is this also included. In short all the FDs one is holding up to 31 March 2024 except the new FDs purchase after 31 March 2024. Please clarify by giving example. Thank you.
19 July 2024
Sir, most of the FDs are old investments that are constantly being renewed at times at maturity credited to the SB account thereafter reinvested again in FDs. how to determine the cost.
20 July 2024
Sir, what to report on PPF Excempt, would this be same as Saving's a/c. we take the 31 march balance and add it to the SB 31 mar balance in A & L?
or would it be under securities. If so what cost to show.
CAclubindia
