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Accepting deposits by way of flats booking

This query is : Resolved 
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(Querist)
20 August 2015 can a company accept money from customer for flats booking.
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CA AnKiT BoHrA (AB)

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CA AnKiT BoHrA (AB) (Expert)
21 August 2015 This wil not b termed as deposits, these will b advance for flats sale

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