Pvt.ltd company investment
AMIT KAUSHAL (Proprietor of AMIT & CO.) (76 Points)
12 August 2020
can a pvt .ltd company open a fixed deposit account in the bank??is there any limit??
2 Replies
Sagar Patel
(Tax and Business Consultant)
(11611 Points)
Replied 12 August 2020
Yes, you can.....No limit.
pritesh
(delhi)
(720 Points)
Replied 17 August 2020
Yes but be sure that your investment revenue is not more than 50% of your total revenue
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