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00 they should be round to the nearest multiple of 5 paise i. e. an amount not below 2. 5 paise should be rounded an 5 paise and amount below 2. 25 they should be rounded to the nearest multiple of five paise i.e. an amount not below 2. 5 paise should be reckoned as five paise and amount below 2. 1 lakh 90 per cent advance payment can be made to TANSI unit. G.O. Ms. No. 387 Industries dated 16th March 1976. Adjusting the amount advanced. The Cheif Engineer Shall Subject to a limit Rs. 1 lakh...
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Chapter x- works accounts refer to the financial statements prepared by companies to report the costs and revenues associated with specific projects or works.
Companies involved in projects or works that require specific reporting of costs and revenues are required to file chapter x- works accounts.
To fill out chapter x- works accounts, companies need to accurately record all costs and revenues related to the specific project or work in the financial statements following the prescribed format and guidelines.
The purpose of chapter x- works accounts is to provide transparency and accountability in the financial reporting of projects or works by separating the costs and revenues associated with each specific project.
Chapter x- works accounts must report all costs incurred, revenues generated, and other financial information related to a specific project or work.
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