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.
Who was the founder of Kashi Vidyapith?
The term 'Green Revolution' is associated with which agricultural scientist
Which bank recorded the highest growth rate in total business among PSBs in FY24?
Recently Supreme Court formed an expert committee to investigate Adani group cases, who will be the head the committee?
Social justice is the guiding principle of which of the following labour legislations?
The Union Cabinet allocated Rs 12,461 crore for which sector in the revised scheme running from FY 2024-25 to FY 2031-32?
How much funding has been allocated for the RAMP Scheme over a period of five years?
Which constitutional amendment introduced the Goods and Services Tax (GST) in India?
Who has been appointed as the interim Prime Minister of the country Mali?
Who has been awarded with the Ezhuthachan award 2022?
