A lender draft is really a variety of payment instrument that a lender concerns that assures payment into a 3rd party. Akin to a cashier's check, It's a form of payment supported via the issuing lender and regarded as Similarly valid as cash.
The maximum amount of money you can with
Accounts Receivable Due to the uncertainty with regards to customer creditworthiness, fantastic account receivable balances are usually not cash equivalents regardless of whether the invoice is because of or shortly to generally be thanks.
Once the total cash inflow exceeds the total cash outflow
If every one of the circumstances specified above are fulfilled, even so the profit declared is lower than 8% then is Tax Audit essential?
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