Please gave your suggestion on Interest received from FCR Account. Actually as per the directions of the funding agency we transferred the amount from FCR Account to General Account (spl account only for those funding agency) for the operational purpose. On quarterly basis. Now we got some interest from this (general bank a/c). we feel this is also treated a FCR Account or Not?
Please give your suggestions on this issue.
HELP, 2nd lane, Sujatha nagar,
Lawyer pet Ext, ONGOLE – 523 002. A.P