TMI BlogApplicability of Rule 42 in case of NBFCX X X X Extracts X X X X X X X X Extracts X X X X ..... Under the scenario where an NBFC has engaged in the sale of securities and opted for ITC reversal as per Rule 38, is it obligated to made reversal as per Rule 42 also ? - Reply By Shilpi Jain - The Re ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ply = Once 38 is followed, rule 42 would not apply. - Applicability of Rule 42 in case of NBFC - Query Started By: - CASUNIL BHANSALI Dated:- 10-6-2024 Last Replied Date:- 13-6-2024 Goods and Servic ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... es Tax - GST - Got 1 Reply - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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