EFFECTIVE CAOITAL (sch.XIII) of co. Act

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11 January 2008 how to calculate the effective capital under sch.xiii of the co. act what times to be considered. Is the hire purchase loan on lorry & cars will also to be taken as long term loan item?

27 February 2008 Explanation II clearly states the date as the last date of the financial year preceeding the financial year of appointment


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