Old notes sales after 08-11-2016 and deposited in bank later-Implications. Such sales may be rejected and added u/s 68, notes being not legal tender

Old notes sales made after 08-11-2016 and deposited in bank later-Implications. Such sales may be rejected and added u/s section 68, notes being not legal tender-CA Ashutosh Lohani Sales in Old notes made after 08-11-2016 and deposited in bank later The unprecedented and revolutionary step by the Government …

Notification-withdrawal of 500 1000 bank notes from midnight of 08-11-2016 ceasing them to be legal tender as recommended by the RBI-Ministry of Finance

Notification-withdrawal of 500 1000 bank notes from midnight of 08-11-2016 ceasing them to be legal tender as recommended by the RBI-Ministry of Finance MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 8th November, 2016 S.O. 3407(E).─ Whereas, the Central Board of Directors of the Reserve …