5 Simple Techniques For 86 cash
5 Simple Techniques For 86 cash
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♦ This peace states that if the individual has paid more than 1% using e-cash ledger for discharging OUTPUT TAX upto the said month in latest economical yr then this restriction will not implement i.
Q.9 When intending to condition that refund inside the previous money yr must be multiple lakh, would the limit be calculated for all refunds taken together?
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Ans. The limit of Rs. 1 lakh is going to be calculated for inverted responsibility structure and zero rated supplies separately. Thus, the limit for your exports and materials to SEZ developer or unit will be clubbed to determine Rs. One particular lakh but that of the inverted obligation structure would be different.
Early deposit will not implement to GO2bank accounts opened in a tax Specialist’s Workplace. The title and Social Stability selection on file While using the IRS have to match your GO2bank account to stop fraud limits around the account.
One particular lakh as profits tax. This amount ought to have been compensated in Each individual of the two preceding financial yrs for which the time limit to file return of income below subsection portion 139(one) with the claimed Act has expired.
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Early tax refund deposit relates to federal tax returns submitted directly with the Internal Profits Support (IRS) and depends upon IRS timing, payment Recommendations and lender read more fraud prevention steps.
♦ Post-amendment : utilization of e-credit ledger is limited to most of 99% of output tax legal responsibility
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