Fascination About 86 cash

Q.9 When meaning to state that refund during the preceding economical yr must be more than one lakh, would the limit be calculated for all refunds taken collectively?

Rafts on Sakae Krang River reflect the life-style of Uthai Thani people that has normally been connected with water. Drinking water is employed here to mature pandanus and for raising fish in floating baskets, significantly gourami, which happens to be a primary profession of your province and manufactured it famous.

Drug-sniffing dogs at the store throughout the raid alerted to traces of medicine on most of the dollars located in bins, FBI agent Justin Palmerton claimed in a very court statement. The containers that contains that cash are issue to legal investigation, he claimed.

In the event the registered man or woman under problem has discharged his liability in direction of output tax by electronic cash ledger for an total in excessive of one% cumulatively of the entire output tax liability up for the mentioned thirty day period in the current financial calendar year.

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Inverted tax structure provide :- Where by tax price on input is better compared to the tax fee on output ensuing into website accumulation of ITC, thus refund is allowed and rule 86B is just not used.

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When the registered particular person under issue has gained a refund of total larger than Rs.1 lakh from the previous fiscal year on account of export less than LUT or resulting from inverted tax construction.

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discharged the legal responsibility pursuing rule 86(B) from the credit rating ledger as an alternative to cash ledger. am i accountable for interest if compensated discharged by means of cash ledger later on

I did not use rule 86B in a certain thirty day period. Would there become a penalty, curiosity or reversal of ITC in subsequent month?

List your total obtainable cash flow together with wages, retirement, investments, and rental properties. You are not required to disclose income that's alimony, youngster assist or individual servicing Except if you wish to use that cash flow to qualify for the financial loan.

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