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

Accounting Auditing
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Question added by Ashwin Madathil Thazhevettil , Financial Analyst , DAMAC Properties
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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