Here is Portfolio page of Chiranjibi Chapagain, with all his work

What is the Comptroller and Auditor general of India's duty regarding the general provisions relating to audit?

Feb. 08, 2018
How many times can I revise the return, if the original return is filed before the due date?

If a person has furnished original return and finds any mistake, omission or any wrong statement, then return should revised within prescribed time limit.
If I purchase some goods, partly for reselling, and partly for my personal purposes, to what extent can I avail Input tax credit on such purchase?

You will only avail credit on the proportion of the goods acquired for reselling purposes.
For clarification, here is what the CGST act states
Where the goods or services or both are used by the registered person partly for the purpose of any business and partly for other purposes, the amount of credit shall be restricted to so much of the input tax as is attributable to the purposes of his business.
Before taking action and exercising powers envisaged under Section 83 and 67 of…
Mar. 02, 2021
Assessee Inspection, search, seizure, arrest — Appellant is engaged in business of manufacturing and supplying of various iron and steel products, viz., TMT bars — On inspection by revenue officers at factory of Appellant, stock of goods were found in excess when compared to recorded quantity — By an order of seizure in FORM GST INS-02, goods which were found to be in excess were attached to property — Appellant challenged order of attachment in…
In view of recent pronouncement of Court in case of Synergy Fertichem (P.) Ltd.…
Mar. 01, 2021
Assessee Search, seizure and Confiscation — Assessee filed instant appeal to release goods and vehicle without demanding any security — Held, it was found that goods and conveyance came to be detained and seized way back on 9th July, 2019 — Hence, In view of recent pronouncement of Court in case of Synergy Fertichem (P.) Ltd. v. State of Gujarat & Anr., Special Civil Application No.4730 of 2019 and allied petitions, authority concern was directe…
How would you define a "Switch"?

A network switch (also called switching hub, bridging hub, officially MAC bridge) is a computer networking device that connects devices together on a computer network by using packet switching to receive, process, and forward data to the destination device.

In other words, Switch is a communication processor that makes connections between telecommunication circuits in a network so that a telecommunication message can reach its intended destination.
If I transfer my business to another person, who will then continue the same business I was running, what will happen to my Input tax credit?
Will it be treated as supply and GST charged on supply of assets and stock or will it be transferred without charging any GST?

In case of transfer of business, input tax credit which remains unutilized in the electronic creditledger of the the transferor shall be transferred in the electronic credit ledger of the transferee. Tranfer of assets shall be treated as supply and GST shall be levied on it.
As numerous arguable points exists against adjudication order, it is remanded b…
Mar. 02, 2021
Assessee Adjudication — Appellant is carrying on business of PVC resin, acrylic sheets, plastic items etc — Due to closure of business in March, 2015 certificate of registration was cancelled — Proceedings before assessment officer were conducted ex party — Pursuant to this duty demand was confirmed by revenue department — Hence, matter was remanded to assessing officer for fresh adjudication — Appeal Allowed.
How are the currrencies translated at the balance sheet date in case of companies with foreign branches?

Monetary items at closing rate; Non-monetary items: The cost and depreciation of the tangible fixed assets are translated using the exchange rate at the date of purchase of the asset if the asset is carried at cost. If tangible fixed asset is carried at fair value, translation should be done using the rate existed on the date of the valuation. The cost of inventories is translated at the exchange rates that existed when the cost of inventory was incurred and realisable value is translated applying exchange rate when the realizable value is determined which is generally closing rate. Exchange difference arising on the translation of the financial statement of integral foreign operation should be charged to profit and loss account. Hope I answered your query. Best wishes Chiranjibi Chapagain
Disclosure of Interest by a director - Why is it required?
Jul. 10, 2017
Disclosure of Interest is required to prevent wrongful related party transactions. In every law, there are provisions about related party transactions(RPT)….Accounting Standard has it in form of AS-18, Income tax act deals with RPT through Section 40A(2)... But why?? Why is it we shy away from meeting our relatives on weekend and instead tend to spend time with friends, but when it comes to doing business, everyone is involving in such RPT’…