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Effect of demonetization and Benami property transaction act, 1988

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As per the latest step taken by the Government with regard to the demonetization, Rs. 500 and Rs. 1000 will not be considered as legal tender and they are to be replaced with the new currencies of Rs.2000 and Rs. 500. Thus, all the cash in hand is required to be deposited in the bank in exchange of
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CA Amrita Chattopadhyay

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