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cascading effect

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(Querist)
12 June 2008 sir what is cascading effect?
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
12 June 2008 Cascading effect is the escalation in cost on account of levy on levy.
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MANAS ROUT

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MANAS ROUT (Expert)
12 June 2008 CASCADING MEANS TAX ON TAX WHICH HAS BEEN ALREADY CHARGED.
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