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.
Meteorologists had previously forecast a historic hurricane season for 2024 based on the expectation that a strong La Niña would emerge this winter. <...
One of the major factors for the declining air quality in Delhi is stubble burning in agrerian states like Punjab and Haryana, which release copious am...
The SpaceX CEO claimed to have photography evidence of the experiment , describing a surprisingly calm seal
wearing headphones while strappe...
- Identify the misspelt word among the following given options:
Directions: In each question below, four words printed in bold type are given. These are numbered (A), (B), (C) and (D). One these words printed in bol...
The central bank has done the heavy lift in the last few months and monetary policy may well be nearing its limits in so far as its ability to influence...
Select the wrongly spelt word.
- Select the INCORRECTLY spelt word.
The Board recalled that the measures adopted are “provisional” and aim to “preserve the interests of the group and ensure the continuty of the ope...
Four words are given, out of which only one word is spelt correctly. Choose the correctly spelt word and click the button corresponding to it.
