Megha Shibhu (12 Points)
12 August 2019
CA PREM KUMAR
(Chunduru & Co)
(296 Points)
Replied 12 August 2019
anything which is not legal can be termed as illegal.
agreement usually means arrangements - eg: cash payment above rs.2.50 lakhs may now be termed as illegal
contracts usually meant for an obligation - eg: contracts based on lottery system may be termed as illegal.
CA PREM KUMAR
(Chunduru & Co)
(296 Points)
Replied 12 August 2019
agreements can include contracts but not vice versa.
Regards
Prem
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961
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