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The framework also addresses the reclassification of monetary devices. If a brief-phrase expenditure, to begin with categorised like a cash equal, no longer satisfies the ailments because of improvements in its liquidity or increase in threat, it need to be reclassified. This reclassification is mirrored in the economic statements of the following
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♦ This peace states that if the person has paid a lot more than one% utilizing e-cash ledger for discharging OUTPUT TAX upto the claimed thirty day period in existing economical yr then this restriction will not likely use i.Q.seven Are there any exceptions towards the listing of registered people who're required to comply with this rule?Ans. Tin
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