Question
The investigative wing of the Central Board of Indirect
Tax and Customs (CBIC) has slapped a show cause-cum-demand notice on which Life Insurance Company for an amount of Rs 942.18 crore?ÂSolution
 The investigative wing of the Central Board of Indirect Tax and Customs (CBIC) has slapped a show cause-cum-demand notice on HDFC Life Insurance Company for an amount of Rs 942.18 crore. This notice pertains to charges of wrongly availing the input tax credit without the underlying supply of services.
The policy of "anticipating no profits and providing for all possible losses" arises due to:
GST is a consumption of goods and service tax based on
Compute material purchased from the given information.
Opening stock of raw material = Rs. 1,00,000
Prime cost = Rs. 10,00,000
Dire...
SA 700 deals with:
5000 kgs of raw material were bought at Rs.2.5 per kg and 10% is normal waste. If recovery value of the normal waste is Rs.1.2 per kg, then find the cos...
Which inventory costing formula calculates value of closing inventory considering that inventory most recently purchased has not been sold?
Which of the following statement is true?
An asset costing ₹12 lakh, useful life 10 years, residual value ₹2 lakh. Calculate annual depreciation using straight-line method (SLM).
Within how many days a person should apply for registration?
Which banking transaction involves the transfer of funds from one bank account to another electronically, often used for paying bills or making purchases?
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