Bank accounts

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Kirthiga N (Querist)
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10 April 2009 What is meant by parking account? What role does it have in bank accounting?

CA Devanshi Gandhi (Ajani) (Expert)
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10 April 2009 its a temporary account, the TDS deducted is paid through parking account. the parking account should get nil within 24 hrs.

CA Devanshi Gandhi (Ajani) (Expert)
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10 April 2009 its a temporary account, the TDS deducted is paid through parking account. the parking account should get nil within 24 hrs.

CA Devanshi Gandhi (Ajani) (Expert)
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10 April 2009 its a temporary account, the TDS deducted is paid through parking account. the parking account should get nil within 24 hrs.

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