Till the Discounted bill is paid by acceptor it remains.
1) A contigent liabilities for the acceptor.
2) A contigent Liabilities for the Drawer.
3) A contigent Liabilities for the bank
4) A contigent Liabilites for drawer
Answers were Sorted based on User's Feedback
Answer / biswajit ghosh
A Contigent liabilities for the drawer.
| Is This Answer Correct ? | 17 Yes | 2 No |
what is H Form
What is WCT TDS? who is liable to deduct the WCT TDS?
36 Answers Akshay Constructions, Apex, CP Solutions, UPPCL, WCT,
What is TAN, TAN, PAN, DIN and what are uses of these in any company/organization/firm. pl tell me
If suppose we wrongly deduct the TDS on professional fees then what to do?
WHAT WE DO FOR SERVICE TAX IF A PURCHASER RAISE A DEBIT NOTE FOR OUR SERVICE BILL. PLEASAE EXPALAIN THE PROCEDURE WITH EXAMPLES
How We know we are liable for Profession Tax liability. I have an optics shop & I want PT Number so what should i do?
What is the Tax Deduction at Source for the year 2008-09 ?
Physician samples should be charged under CST @ 5% manufactured in H.P. and transferred to other states
Our company is engaged in a business of Real state developer in andhra pradesh. we want to purchase some material from other states. we have central sales tax registration. whether we are eligible for issuing a form 'c' to the supplier being a deeloper.
What is Tax Audit ? Brief description please
What is MAT ?
if we are purchase in 45 vat tax than we can deduct tds on contract