Taxation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 June 2018
is refundable security deposit received on shops and godown by religious and charitable trust formed in 1951 is considered as income of trust .st
21 June 2018
deposit under current assets only
21 June 2018
No... It's not treated as Income.
The deposits will be booked under "Current Liability - Loans and Advances" head...
The deposits will be booked under "Current Liability - Loans and Advances" head...
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