With the practical experience since GST come into force, there are some Frequently Asked Question by client as well as professional on the matter of GST refund, the article explains some practical question and answer in a commonly used terminology:
Explore FAQs on company loans, investments, guarantees, and security under Sections 185 and 186 of the Companies Act, 2013. Understand practical insights, exemptions, and compliance for seamless financial operations. Consult for expert guidance. Disclaimer: Information shared is educational, consult professionals for specific scenarios.
Article highlights the impact of recent judgment of Hon’ble SC in respect of taxability of surplus amount after revaluation of any assets, which is credited to the partners’ capital account.
The Article explains the meaning of debit note credit note under normal commercial practice Vs under GST Law, definition, Act, Q & A under GST, relevant amendment under GST.