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Draft ICSI SAS- 16 promoting welfare of migrants and displaced persons

January 24, 2023 690 Views 0 comment Print

ICSI Social Audit Standard – 16 (ICSI SAS-16) aims to aid the Social Auditors with necessary instructions or guidelines for the effective Social Audit of Social Enterprises engaged in the field of promoting welfare of migrants and displaced persons

Draft ICSI SAS- 15 on bridging the digital divide in internet and mobile phone access, addressing issues of misinformation and data protection

January 24, 2023 483 Views 0 comment Print

ICSI Social Audit Standard – 15 (ICSI SAS-15) aims to aid the Social Auditors with necessary instructions or guidelines for the effective Social Audit of Social Enterprises engaged in the field of bridging the digital divide in internet and mobile phone access, addressing issues of misinformation and data protection

Draft ICSI SAS- 14 on facilitating access to land and property assets for disadvantaged communities

January 24, 2023 480 Views 0 comment Print

ICSI Social Audit Standard – 14 (ICSI SAS-14) aims to aid the Social Auditors with necessary instructions or guidelines for the effective Social Audit of Social Enterprises engaged in the field of facilitating access to land and property assets for disadvantaged communities

Draft ICSI SAS-02 on promoting health care including mental healthcare, sanitation and making available safe drinking water

January 24, 2023 1230 Views 0 comment Print

ICSI Social Audit Standard – 02 (ICSI SAS-02) aims to aid the Social Auditors with necessary instructions or guidelines for the effective Social Audit of Social Enterprises engaged in the field of promoting health care including mental healthcare, sanitation and making available safe drinking water

Draft ICSI SAS-01 on eradicating hunger, poverty, malnutrition and inequality

January 24, 2023 966 Views 0 comment Print

ICSI Social Audit Standard – 01 (ICSI SAS-01) aims to aid the Social Auditors with necessary instructions or guidelines for the effective Social Audit of Social Enterprises engaged in the field of eradicating hunger, poverty, malnutrition and inequality

Exposure Draft of ICSI Social Audit Standards on Dated 18th January, 2023

January 24, 2023 1059 Views 0 comment Print

The main object of Social Audit is to ascertain the impact made by the Social Enterprise through its activities, intervention, programs or projects implemented during the reporting period.

Provisions of section 56(2)(viia) cannot be invoked on buyback of own share

January 23, 2023 5298 Views 0 comment Print

ITAT held that provisions of section 56(2)(viia) of are applicable only in cases where purchased share become property in the hands of buyer company and, if shares are of any other company.

Madras HC quashes Charge Memo against VAT Officer

January 23, 2023 720 Views 0 comment Print

M. Baskar Vs Commissioner of Commercial Taxes (Madras High Court) Petitioner cannot be held guilty for the alleged charge, in view of the fact that his assessment order passed earlier in his official capacity has once again been re-affirmed in the subsequent assessment order passed pursuant to the directions given by this Court in W.P.Nos. […]

ITC on trading of meat products & packed cold cuts spices & masala powder

January 23, 2023 3954 Views 0 comment Print

In re Meat Mart Unit of the New Bangalore Ham Shop (GST AAR Karnataka) The applicant has stated that they are trading in fresh and semi processed meat products like chicken, mutton, fish, pork and all type of packed cold cuts spices and masala powder etc. They are trading in both taxable and exempted goods. […]

GST on construction of Railway under Bridge /Tunnels executed to Indian Railways

January 23, 2023 2325 Views 0 comment Print

Construction of Railway under Bridge executed to Indian Railways by the Applicant is exigible to GST at 18% (SGST @ 9% and CGST @ 9%) if the Applicant is providing the services either as a main contractor or as a sub-contractor to main contractor.

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