Hi all.
Greetings.
I have a query regarding financial statement preparation for I20.
Besides Savings accounts,My parents hold fixed deposits in Non banking Financial Companies (NBFC) Like Muthoot fin corp,Sakthi Finance etc.
Can NBFC deposits also be shown for I20 financial statement preparation?
Or only fixed deposits in Banks are to be shown?
Thanks in advance
Greetings.
I have a query regarding financial statement preparation for I20.
Besides Savings accounts,My parents hold fixed deposits in Non banking Financial Companies (NBFC) Like Muthoot fin corp,Sakthi Finance etc.
Can NBFC deposits also be shown for I20 financial statement preparation?
Or only fixed deposits in Banks are to be shown?
Thanks in advance
