Following are the features of a deposit that a bank accepts from a Corporate house. The features of the deposit are: i) accepted at a discounted value ii) stamp duty is borne by the bank iii)issued as usance promissory note iv)TDS is not applicable

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Following are the features of a deposit that a bank accepts from a Corporate house. The features of the deposit are: i) accepted at a discounted value ii) stamp duty is borne by the bank iii)issued as usance promissory note iv)TDS is not applicable






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