hi,
If there is a liability of Rs. 1,80,000 in my books can I pay Rs. 15,000 (two installments of Rs. 10,000 and per month to settle it ?
What if the amount is 3,60,000 can I settle it in same way in 2 FY ? since I cannot pay more than 2 lakhs in one FY
Cannot use the banking mode.
It's an entry and party is not reliable
SKAA & Associates
New Delhi
CA Inter
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