what is the meaning of time deposit as per sec.194A
thanx in advance
Krishnanunny
(student)
(43 Points)
Replied 11 August 2011
For the purposes of clauses of section 194A "time deposits" means deposits (excluding recurring deposits) repayable on the expiry of fixed periods.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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