FACTS ABOUT 86 CASH REVEALED

Facts About 86 cash Revealed

Facts About 86 cash Revealed

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discharged the liability pursuing rule 86(B) from the credit rating ledger in lieu of cash ledger. am i responsible for desire if compensated discharged through cash ledger later on

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Ans. It has been Obviously furnished the Restrict is for refund been given throughout the preceding monetary yr regardless of the time period for which the refund had been claimed.

A Justice of the peace approved the FBI’s seizure of The shop’s “organization gear” for the medications and funds laundering investigation, but barred lookups in the containers’ contents.

“The warrants authorize the seizure from the nests from the packing containers themselves, not their contents,” FBI agent Lynne Zellhart told Kim, underlining “not” in her sworn statement requesting research and seizure warrants.

“They toss people like Joseph into this upside-down environment the place they did nothing Incorrect, Nevertheless they’re pressured to come back forward to litigate in opposition to the government in order to get their property back again and prove their own personal innocence,” said Robert Frommer, a lawyer for Ruiz plus the Snitkos.

d) The registered particular person has discharged his legal responsibility toward output tax by means of Digital cash ledger in excess of 1% of complete output tax legal responsibility applied cumulatively upto the mentioned month in The present money calendar year

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Ans. The value of all zero-rated provides such as exports and provides to SEZ is going to be excluded for calculating the Restrict of Rs. fifty lakhs.

“This certainly doesn’t odor superior,” mentioned previous federal prosecutor David B. Smith, the author of “Prosecution and Defense of Forfeiture Situations.” “They will’t say, ‘you clearly show me This is certainly reputable money’ — that’s not the legislation, and no choose is going to allow them to do this.”

“The 4th Amendment as well as forfeiture legislation require get more info the other — that you've the evidence initial, and You'll be able to get home.”

c) The registered human being has obtained a refund of a lot more than Rs. A person lakh in the preceding money 12 months beneath inverted responsibility framework

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