Coffee Day Enterprises Limited (CDEL) operates in various sectors, including coffee retailing, logistics, financial services, and hospitality. NFRA has issued orders against auditors for alleged financial irregularities. This article discusses the case and the issue of provisioning interest on NPAs.
Learn about procedure, provisions, and penalties related to rights issue as per Section 62 of Companies Act, 2013. Understand requirements and steps for existing shareholders to participate in rights issue.
Article aims to shed light on penalties, deadlines, and implications of late Income Tax Return filing, urging taxpayers to fulfill their obligations promptly to avoid unnecessary financial burdens.
Discover the different types of post-sale discounts and incentives offered in trade practices, along with their implications and treatment for GST. Learn how to differentiate between trade discounts and separate supply transactions.
Input Tax Credit is admissible when consideration is paid through book adjustment as detailed above, subject to the other conditions and restrictions prescribed in Section 16, 17 and 18 of the CGST Act, 2017 and the rules made there under.
IBBI suspends Insolvency Professional for inconsistency in conducting auctions during the liquidation period, conducting valuation beyond prescribed timelines, and reducing the auction’s reserve price beyond permissible limits
