Profit on Sale of Investment for a Fire Insurance Company.
Will it be under the head Other Income in Revenue Account or Goes the PandL ?
Do we consider it to be as part of business or other than business ?
Kaveesh Sethi
CA Inter
★ 2K+
06-Jan-21 10:28
298
Answers (1)
It's operating income for the insurance companies and others it's is other income