Fungibles are a common practice, for example if a person exchanges a 100 rupee note with another, there is no change in the cash that the person holds, it is merely exchange of the same amount. cryptocurrencies are a type of fungible where one bitcoin in exchanged with the other, without any difference in its value.
Delve into Section 9(5) of CGST Act, 2017, which highlights tax responsibilities of e-commerce operators under GST. Learn about notifications, TCS, return filing, and penalties.
Explore the legality of reducing a company’s share capital by 99% under Section 66 of the Companies Act, 2013. Learn the criteria set by the Tribunal.
“Unlock the Path to Becoming a Research Analyst in India Explore the comprehensive guide covering qualifications, SEBI registration criteria, and the step-by-step process. Learn the meaning of a Research Analyst, eligibility requirements, and the crucial documentation needed. Dive into the details and embark on your journey toward this essential role in India’s dynamic financial sector.
Navigate GST Appeals: Learn about Appeal Period, Condonation of Delay, and Judicial Perspectives. Section 107 of CGST Act stipulates a 3-month appeal period, extendable by 1 month with justifiable cause. Explore litigations on communication of decisions, varying interpretations on appeal periods, and contrasting court decisions on condonation of delay.
Alternative Investment Funds (AIFs) have lately been at the helm of catalysing growth, innovation, and revolutionizing the financial fabric of India.
Explore the critical analysis of Offshore Banking Units (OBUs) and the specialized International Financial Service Centre (IFSC) Banking Units in India. Understand their evolution, advantages, legal compliance, and the unique role of the Reserve Bank of India (RBI) in the regulatory framework.
Explore details of Clause 44 in Tax Audit Report (Form 3CD) and its GST reporting requirements. Learn how to fill out this crucial section for accurate tax compliance.
Objectives & detailed scope of internal audit, including areas like cash management, procurement, compliance, and more. Learn how it enhances organizational integrity and efficiency.
Applicability of GST on corporate guarantee wherein related parties are involved and there is no consideration, has been a matter of dispute since introduction of GST.
