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Replace Sentence into the Demand For Extension Of Payment Date

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Aug 6th, 2022

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How to Replace Sentence into the Demand For Extension Of Payment Date

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and today we are talking about tax day seven on your sides Michael Finney is here with me and on a normal year Michael wed be exactly one week away from the deadline right right but right for most of the people here in California taxes arent due for another six months but were still going to talk about it because theres so much to know there is and theres a lot of good reasons to file now oh okay well lets talk about that because right now we want to talk about the extension and what you need to know Larry Pond of pond and Associates joins us now thank you so much for being here we have a lot of questions for you Larry hello Karina Mike all right so first lets talk about that extension because you know so many people have questions about it uh Larry can you tell us who is impacted and what that extension just means overall right so normally taxes are due April 15th and thats been um the rule for for decades well April 15th is Saturday so then we go to the closest Monday which i

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Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

Can bill of exchange be drawn payable either on demand or after a fixed time?

The amount mentioned in the bill of exchange is payable either on demand or on the expiry of a fixed period of time. It must be stamped as per the requirement of law. A bill of exchange is generally drawn by the creditor upon his debtor.

Which bill of exchange is payable otherwise than on demand?

As defined under section 6 of the NI Act, 1881, a cheque is a bill of exchange drawn on a specified banker and not expressed to be payable otherwise than on demand and it includes the electronic image of a truncated cheque and a cheque in the electronic form.

What is a bill of exchange payable on demand or at sight or some future determinable time?

A bill of exchange is an instrument in writing containing an unconditional order, signed by the maker, directing a certain person to pay on demand or at fixed or determinable future time a certain sum of money only to, or to the order of, a certain person or to the bearer of the instrument.

Is a conditional promise in writing to pay on demand or at a future date a definite sum of money?

A promissory note is a financial instrument that contains a written promise by one party (the notes issuer or maker) to pay another party (the notes payee) a definite sum of money, either on demand or at a specified future date.

Is bill of exchange drawn on a bank and payable on demand?

A bill of exchange payable on demand is called a sight bill or draft. On delivery of a sight bill to the drawee, the drawee pays immediately. A bill of exchange payable at some future date is called a time bill.

Is bill of exchange payable after date?

Bill after Date Here, the due date is the date of drawing plus the terms of the bill. For example, if the bill is drawn on 1st January and its maturity is 30 days after date then its due date would be 1st January + 30 days = 31st January.

Is a bill of exchange always payable on demand?

A check always involves a bank while a bill of exchange can involve anyone, including a bank. Checks are payable on demand while a bill of exchange can specify that payment is due on demand or at a specified future date. Bills of exchange generally do not pay interest, making them in essence post-dated checks.

What is the grace period for payment of a negotiable instrument other than payable on demand?

Days of grace. Every promissory note or bill of exchange which is not expressed to be payable on demand, at sight or on presentment is at maturity on the third day after the day on which it is expressed to be payable.

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