86 cash Fundamentals Explained
86 cash Fundamentals Explained
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The truthful is based on the standard perception which the Lord Buddha on a person event returned to earth from heaven.
Via this information, the author purports to analyze the provisions and its useful implications by answering the mostly requested queries regarding this rule.
In trying to find warrants with the raid, prosecutors and FBI agents acknowledged they'd no lawful electrical power to go looking Every box for proof of crimes. They confident the magistrate they would not overstep constitutional limitations.
c) Scrutiny of returns: Scrutiny of returns is often completed by the correct officer to verify the correctness from the return According to Portion sixty one on the CGST Act 2017. Thereafter, the discrepancies are communicated on the taxpayer for in search of clarification. Non-payment of mandatory one% cash ingredient can bring in the Section’s focus via this section.
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discharged the legal responsibility following rule 86(B) in the credit rating ledger as an alternative to cash ledger. am i accountable for desire if paid discharged by means of cash ledger later on
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Thus if in any thirty day period, the limit of Rs. fifty lakhs is not crossed but the turnover is over Rs. six crores in a very economical yr, Rule 86B isn't going to need to be complied with.