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Bhavin Kakkad

Latest Posts by Bhavin Kakkad

Private Placement – of Shares or Unaccounted Money ???

March 14, 2019 2874 Views 0 comment Print

Recent Judgement of Hon’ble Supreme Court in case of NRA Iron and Steel Pvt Ltd.- After this judgement, the authorities would get right to question the integrity of every issue or reissue of share capital, especially those by company in which public are not substantially interested because these companies generally issue shares on private placement basis.

Change in order of Input Tax Credit Set-off & impact on working capital

March 13, 2019 4218 Views 0 comment Print

Change in order of set-off of Input Tax Credit (ITC) and impact on your working capital Introduction CGST (Amendment) Act, 2018 has come into force w.e.f. 01/02/2019. Apart from various changes that were made by it, one significant change has been made in the order in which input tax credit has to be set-off. Let […]

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