WHAT IS THE TREATMENT OF DIVIDEND RECEIVED FROM STOCKS/ BONDS IN AN INVESTMENT COMPANY. CAN IT BE TREATED AS DIRECT INCOME?

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Posted by:
Khawar
02-September-2013

Accounting Auditing

Question added by Ashwin Madathil Thazhevettil , Business Analyst - Sr. Accountant , KHANSAHEB INVESTMENT L.L.C.
Date Posted: 2015/03/11

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VENKITARAMAN KRISHNA MOORTHY VRINDAVAN

by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

It is shown as income from investment in the Profit and Loss account

(to be shown separately from Interest on trade investments such as loans and advances)

Dividends and interest on investments in debentures and shares of other companies.

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