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Earmarked balance

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 August 2012 What is meaning of Earmarked Balance with banks
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CA Ayush Agarwal

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CA Ayush Agarwal (Expert)
23 August 2012 Means These Funds are Earmarked for Particular Liability to Pay.
We Cant Use That Fund Other Than For That Earmarked Liability.

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