WHAT IS DIFFERENCE BETWEEN "CURRENT ACCOUNT" & "ACCOUNT CURRENT"??
ANY ONE PLEASE.
CA AnKiT BoHrA (AB)
(Manager)
(25955 Points)
Replied 26 November 2014
Account Current :- A type of Account that is ongoing between two or more entities. Can also be referred to as a, report summarizing the performance of each individual insurance agent in an agency.
Current Account :- an account with a bank or building society from which money may be withdrawn without notice, typically an active account catering for frequent deposits and withdrawals by cheque.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)