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Archive: 26 December 2021

Posts in 26 December 2021

Factors that Lead to Projects @ Risk

December 26, 2021 3834 Views 0 comment Print

Every project is subject to a number of variables – either Favorable Factors or Adverse Factors that can affect its progress and outcome. Identifying all the possible Risks is the First Step to Analyse Risks for Prioritization, then calculate Quantitative Impact, Developing Risk Responses or Strategies, Implementing pre-determined action plans or  Address Risks Appropriately if […]

Liability of Directors of Private Company in Liquidation

December 26, 2021 12234 Views 0 comment Print

As you are aware that a private limited company is a legal entity and separate from its directors and members. It contains corporate veil behind which liability of its members and limited to the extent of subscribed share capital. But the operations of a company is managed by natural persons, called directors. They are responsible […]

Recent Amendment in GST (w.e.f.01.01.2022)

December 26, 2021 45297 Views 4 comments Print

Existing provision of ITC Section 16 of the CGST ACT 2017 states that following condition has to be fulfilled for availing of ITC: a) Registered person should have Possession of tax invoice or debit note issued by a registered supplier. b) Registered person has received the goods or services. c) The tax charged has been […]

RERA Financial Management, discipline & withdrawal of funds

December 26, 2021 49269 Views 5 comments Print

Financial Management, discipline and withdrawal of funds under RERA Any business or venture shall forecast, plan the financial aspects while conceptualization and shall consider the various associated risks and costs thereon. This Industry is not an exception to that. Being the project development takes place over a number of years and Various risks of availability […]

GST Return Working along with GSTR 9 and GSTR 9C

December 26, 2021 12255 Views 5 comments Print

GST Return Working along with Annual Return (GSTR 9) and Audit (GSTR 9C) This file will be useful for regular GST return working along with Annual Return (GSTR 9) and Audit (GSTR 9C). Sheet ‘List’ can be used for change in the year.

15-18 age group to get vaccine, Booster dose for senior citizens

December 26, 2021 2115 Views 0 comment Print

PM addresses the Nation Youngsters of 15-18 age group to get vaccine. Will aid education PM announces precaution dose for frontline workers, healthcare workers and senior citizens with co-morbdities Will strengthen confidence of healthcare and frontline workers Cautions public on Omicron without the need for panic Gives an overview of healthcare infrastructure in the nation […]

Reverse Charge applicability on unregistered supplies for the period July 2017 to Oct 2017

December 26, 2021 8364 Views 1 comment Print

Reverse Charge applicability on unregistered supplies for the period July 2017 to Oct 2017 The GST law was initially drafted in such a way that GST shall also be collected on supplies made by unregistered suppliers, hence brought the provision of Reverse Charge Mechanism on supplies received from unregistered suppliers w.e.f 01.07.2017 with an exemption […]

ICAI CMA institute dissolved ‘Bhadravati-Shimoga Chapter’

December 26, 2021 1044 Views 0 comment Print

Council of the Institute of Cost Accountants of India held on 11th and 12th September, 2021 has dissolved the following Chapter of The Institute of Cost Accountants of India: Bhadravati-Shimoga Chapter

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