Held that, such goods cannot be classified as ‘portable’ for the reasons that their dimensions make it illogical and unviable for daily transit and the same needs to be transported along with the power cable as well as the applicable stand if it is to be mounted. Further, the consumer is unable to carry them around in the absence of any protective case or any covering bags.
Real and Personal Generally deals with Capital Nature of Incomes and Expenses and Nominal deals with Revenue Expenses. It is the act of Recording, Classifying and Summarising of Financial Transactions and Events and interpreting the results thereof.
Senior Citizens’ Savings (Amendment) Scheme, 2023 – deposit on or after 1st day of January, 2023 shall bear interest of 8.0% per annum
National Savings (Monthly Income Account) (Amendment) Scheme, 2023 – deposit on or after 1.1.2023 shall bear interest rate of 7.1% per annum
National Savings Certificates (VIII Issue) (Amendment) Scheme, 2023 – Maturity value of account opened on or after 1.1.2023 with 1000 rupees shall be Rs. 1405.05
National Savings Time Deposit (Amendment) Scheme, 2023 – One-year deposit to earn Rate of interest 6.6% per annum, 2 years 6.8%, 3 years 6.9% & 5 years to earn 7%
Kisan Vikas Patra (Amendment) Scheme, 2023 – Maturity period of account opened on or after 1st day of January, 2023 shall be ten years and deposits made in account shall double on maturity.
Input tax credit of goods or services covered under provisions of section 17(5) of Central Goods and Services Tax Act, 2017 is not available.
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