Corrigendum for November 2014 paper 3 CA FINAL

hello friends,

Question no. 20(a) in CA FINAL Paper 3: Auditing and professional ethics RTP is based on section 177 of companies act 2013 which is not applicable for Nov 14 exam, so ignore this question.

Comments

Post a Comment

Popular posts from this blog

Clarification on GST on Hand Sanitizers - CBIC

Dear Readers, The Central Board of Indirect Taxes and Customs (CBIC) has issued a clarification on Goods and Service Tax on hand sanitizers by press note dated 15.07.2020. The issue of GST rate on alcohol based hand sanitizers has been reported in a few sections of media. It is stated that hand sanitizers attract GST at a rate of 18%. Sanitizers are disinfectants like soaps, anti-bacterial liquids, Dettol, etc which all attract duty standard rate of 18% under the GST regime. The GST rates on various items are decided by the GST Council where the Central Government and all the state governments together deliberate and take decisions.  It is further clarified that inputs for the manufacture of hand sanitizers are chemicals packing material, input services, which also attract a GST rate of 18%. Reducing the GST rate on sanitizers and other similar items would lead to an inverted duty structure and put the domestic manufacturers at disadvantage vis-a-vis importers. Lower GST rates help...
Read more

Deemed Approval under GST

Dear Readers, Since lockdown, professionals and taxpayers are facing delay in GST registrations approval and it seems CBIC has now taken action on the same. CBIC has issued directions to all field offices to clear all the pending applications by July 30 under a 'special drive'. Applications which were pending till June 30, and have not been processed till July 15, will be granted deemed approval, while applications received from July 1, 2020 onwards and that remain pending till July 28, will be deemed as approved on July 31. “The three days deemed approval of application of registration would be resumed from August 1, 2020,” the Board said in a communication to all principal commissioners and commissioners across various jurisdictions. The move to fast track registrations follows that of complete stoppage as the government had decided against granting any deemed approvals for GST registrations since March 25 – the beginning of the lockdown to counter the spread of Covid...
Read more