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Additionally, within the context of Exclusive taxation provisions of banking companies (Seventh Schedule), it truly is provided that the place any belongings are transferred by an Authorised Vendor to an SPV, like a consequence of a Diversified Payment Legal rights transaction, it shall be taken care of as being a funding transaction irrespective of the strategy of accounting adopted by the Authorised Seller.
Personal Finance as being the name denotes is certain to an individual or a househol...
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