New Step by Step Map For 86 cash
Consequently, RP must discharge a minimum of 1% employing cash ledger during the thirty day period of April, if this sort of RP is just not included in any other provisoFollowing under-going the above limitations and exceptions released by Rule 86B, it is evident that the above mentioned rule is relevant only to the big taxpayers. There'll be no effect on micro and smaller firms.
Brown responded: “You should rest assured the contents of one's box are safe and safe, Which we want to return all legitimately held goods to their rightful house owners.” He informed Paluch the FBI was vetting all box holders’ statements and urged him to assemble records to the things he saved.
Ans. You will discover various entities all over India which have interaction in phony invoicing i.e. issue of invoices without the need of actual supply of goods and / or expert services. These entities have a tendency only to receive credit score and move on credit score to other entities without having creating any payment of taxes in cash.
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On 8 November, Key Minister Narendra Modi gave only 4 several hours' recognize that pretty much all of the cash on this planet's seventh-greatest financial state could be correctly worthless.
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e. RCM legal responsibility shall be discharged ONLY making use of e-cash ledger. As a result, utilization of ITC to discharge RCM liability is not authorized in the least, As a result the issue of imposing this sort of restriction shall not arise
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Even now, Gluck stated a 44-moment “video inventory” of FBI agents rifling through the box of the eighty-calendar year-old consumer “puts the lie” to The federal government’s claims for the magistrate.