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Answer Posted / manoj s
In case of INCOME TAX.. IT IS SELF OCCUPIED PROPERTY U/S
SECTION 23 OF INCOME TAX ACT 1961
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A crushing unit blasted 1650Mts in the month of March 2009. The rate of Royalty to be paid is rs 35/- Per MT. Advance royalty was paid rs 250000/- on 1-3-2009. pass journal entries from the advance royalty
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