Ans: The Commissioner or any officer authorized by him are offered the ability to eliminate the limitations just after this sort of verification and safeguards as he may possibly deem in good shape. Because of this the authentic taxpayers who will be unintentionally experiencing the brunt of the rule have an option of making an application before the Department.
The DST cannot take on new cash once it's closed. Present buyers also cannot add extra cash. Their First financial investment is their remaining investment.
Ans. Only registered individuals who have taxable supplies of greater than Rs. fifty lakhs in a selected month (topic to specified exceptions) should adjust to this provision.
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Rates fluctuate among diverse providers, in addition to amongst various branches of the exact same chain. Between those kinds of support providers, currency Trade chains and unbiased money changers have the greater rates.
discharged the legal responsibility pursuing rule 86(B) in the credit ledger as an alternative to cash ledger. am i chargeable for desire if compensated discharged via cash ledger afterwards
This facts is used to prevent fraud. Lenders won't ever Make contact with your employer to disclose your bank loan inquiry. Should you be on Added benefits, enter your
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When the registered man or woman under worry has been given a refund of quantity better than Rs.one lakh during the previous financial yr on account of export underneath LUT or because of inverted tax construction.
c) The registered man or woman has received a refund of over Rs. Just one lakh during the previous financial year below inverted duty structure
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I am able to’t say Significantly about these as there’s not much opinions, they usually’re just a little outside of the way in which for some vacationers.
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Creator’s feeling :- The restriction on utilization will be to be utilized on aggregate foundation. Nevertheless, you can find significant odds