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Himanshu SomaniNo sir I don't think you're correct! I checked FAQ's regarding this on RBI website what you said is contrary to what's written over there.
Thanks for this. I misunderstood. Will get it corrected.
Thread Starter
Himanshu SomaniDon't you think it's written the opposite?
In old icai module it was written as this hence I guess this confusion is there I guess the new module is updated and correct Can sir please clarify on this?
Thread Starter
Himanshu SomaniExplanation required
When the bank account is debited, you are using ECS debit service.
CA Suraj Lakhotia Admin
When the bank account is debited, you are using ECS debit service.
Whose bank account- Company's or customer's?
CA Suraj Lakhotia Admin
Company. Bank would debit
No sir I don't think you're correct! I checked FAQ's regarding this on RBI website what you said is contrary to what's written over there.