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Archive: 20 November 2023

Posts in 20 November 2023

Disallowance of expense owing to suspension of business unsustainable in absence of closure of business

November 20, 2023 1794 Views 0 comment Print

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.

E-Way Applicability for Movement of Gold, Silver & Precious Stones in Karnataka

November 20, 2023 32172 Views 3 comments Print

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.

GST on Personal & Corporate Guarantee

November 20, 2023 11832 Views 0 comment Print

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.

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