banner_ad

Schedule vi

This query is : Resolved 
Profile Image

Profile Image

(Querist)
30 April 2008 where will fixed deposits with banks be clubbed under the schedule vi to the companies act,1956?
Profile Image

CA Hemant T Dewani

Profile Image

CA Hemant T Dewani (Expert)
30 April 2008 if fixed deposits is made it is under invenment is taken
Profile Image

kshitiz

Profile Image

kshitiz (Querist)
01 May 2008 in schedule vi there is nothing mentioned about the classifiation of fixed deposit.. how can you say that it will be classified under investments?
Profile Image

CA. Yayati Tyagi

Profile Image

CA. Yayati Tyagi (Expert)
01 May 2008 Fixed deposit with banks are to be classified under "Current Assets" under heading "Cash and Bank balances". There you put all accounts with banks, F.D. and cash in hand.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI
ChatGPT Perplexity Claude Google AI Grok

CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details