ITAT Delhi held that disallowance of expenditure owing to suspension of business unsustainable as there is nothing on record to show that assessee has completely abandoned or closed the business forever by disposing of its assets and going into liquidation.
Implications of Karnataka’s E-Way Bill notification on movement of gold, silver, and precious stones. Learn about intra-state and inter-state compliance, B2B, and B2C transactions.
Learn more about GST on Personal and Corporate Guarantees, based on the 52nd GST council’s recommendations. Understand the difference between personal, bank & corporate guarantees.