Cash in hand as on 8th November - An Asset or Liability?

CA Umesh Sharmapro badge , Last updated: 22 November 2016  
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Arjuna (Fictional Character): Krishna, presently everybody is discussing about the governments decision of demonetization and its effect. The decision has made people confused as to whether their Rs.500 and Rs.1000 notes are an asset or liability. Lets enjoy discussion on this matter. Krishna (Fi

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Published by

CA Umesh Sharma
(Partner)
Category Income Tax   Report

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