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Therefore if in almost any thirty day period, the Restrict of Rs. 50 lakhs will not be crossed however the turnover is a lot more than Rs. 6 crores in the fiscal 12 months, Rule 86B won't must be complied with.Realized does not offer tax or authorized assistance. This material just isn't a substitute for trying to find the recommendation of a profe
Ans. It has been clearly supplied the Restrict is for refund gained over the previous fiscal yr irrespective of the period for which the refund were claimed.Ans. It mandates cash payment of one% in the output tax legal responsibility with a every month basis for that registered people that are covered by this rule. This payment of liability in cash