Question
A company avails ITC (Input Tax Credit) on office
furniture purchase. Later, GST auditor disallows it. Is he right to do so, support your answer with relevant principle?Solution
Under GST, credit on furniture is blocked u/s 17(5) as it’s not used for business output services.
Why is anonymity important in certain situations?
What is the significance of the ethical principle of responsibility and accountability in business ethics?
Why is empathy important for administrators in public services?
In the context of civil service, what does impartiality for civil servants entail?
Which document details the qualifications, skills, and attributes required for a particular job?
What is a common strategy for career advancement?
What is a crucial element of responsiveness in customer service?
Which theory suggests that people are motivated by a hierarchy of needs, starting with basic physiological needs and progressing to self-actualization?
When a public official engages in favoritism in the allocation of public resources, which ethical principle is compromised?
How does temperance contribute to a healthy lifestyle?
