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(one) could deduct the top quality or identifiable demand to the insurance policies within the proceeds with the loan; and(1) dividing the sum from the periodic balances scheduled to Keep to the installment day once the day on the prepayment or demand, as correct, with the sum of all the periodic balances beneath the plan of payments set ou… Read More


Thus, it means that bare minimum one% with the output tax legal responsibility shall be discharged in cash making use of e-cash ledgerApplicability: This rule is relevant to registered persons owning taxable worth of source (aside from exempt source and zero-rated provide) in per month which can be more than Rs.50 lakh. The limit should be … Read More


(4) The normal repayment phrase of the EM for generation losses or physical losses to chattel stability (together with property having an predicted life concerning one and seven decades) will probably be equal towards the helpful life of the safety or seven a long time, whichever is considerably less. Repayment conditions less than the common time … Read More


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