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03 September 2009 can anybody tell me how to show the interest on fdr received by charitable trust during pre construction period.there is also pre operative exp.can we adjust the interest against pre operative exp or whether it should be shown in p/L a/c seperately



thanks in advance


regards
vikram gupta

03 September 2009 IT IS INCOME FOR THE PURPOSE OF INCOME TAX ACT

SHOW IT IN P L ACCOUNT

ASSUMING AMOUNT APPLIED FOR CONSTRUCTION FOR CHARITABLE PUPOSE NO TAX



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