Question
In case goods disposed off by way of free
sample:Solution
In the case of goods disposed of by way of free samples, the supplier cannot claim Input Tax Credit (ITC) because no consideration is received for these goods. ITC is generally available when there is a taxable supply for consideration. Since no consideration is involved in giving away free samples, the supplier is not eligible to claim ITC on the tax paid for those samples.
The Advertisement of a Prospectus of a company shall specify therein the _____________
“A legal mechanism used to resolve disputes through the aid of a neutral third party given the authority of making a legally binding decision.” Is: ...
In Islamic divorce law, what is the process of khula?
In which of the following cases can courts intervene in an arbitral proceeding?
Which section of the Companies Act lays down provisions relating to document containing offer of securities for sale to be deemed prospectus?
OASIS with reference to PFRDA Act stands for_____________
An act done by a person bound by law or by mistake of fact believing himself bound by law is:
In the absence of any provision by contract between the partners for the duration or determination of their partnership, what type of partnership is it?
A relevant confession becomes irrelevant when
As laid down under the Insurance Act the duration of the Executive Committee of the Life Insurance Council or the General Insurance Council is _________...
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