Ans. Finance Bill, 2025 amended section 10 (10D) of the Income-tax Act, 1961 so as to provide that proceeds received on a ...
Recording interest on loan on cash basis due to financial distress at end of borrower is justifiable
ITAT Mumbai held that change of method of accounting from mercantile to cash system for recording interest income on loan due to financial distress at the end of borrower is justifiable and legitimate ...
Brex explains that instead of going through paper invoices one by one and manually entering data into AP systems, finance ...
"I would for a checking account that either doesn't have any monthly services fees or offers multiple ways to waive the fee. I would also look at customer support availability and mobile app ratings." ...
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