The Lok Sabha has officially passed the Finance Bill, 2026, introducing landmark changes to the taxation of share buybacks. If you are a Company Promoter or a High-Net-Worth Investor, this amendment directly impacts your financial planning. 🔍 What Has Changed? The government has introduced a 12% surcharge on…
India’s income tax framework is undergoing significant changes this March, with crucial deadlines converging and the new Income Tax Act, 2025 set to take effect from April 1, 2026. Taxpayers, businesses, and professionals must prepare for compliance obligations that will influence both domestic and international filings. Advance Tax…
🌱 Early Roots in Tripura The journey of Prasenjit Bhowmik, founder of SRK Analytics & Consulting Private Limited, begins in Agartala, Tripura, where he completed his B.Com graduation in 2007 from Maharaj Bir Bikram College—then the premier institution in the state. At that time, Tripura had only a…
In Sun Infrasite Pvt. Ltd. v. State of U.P. & Ors. (Allahabad High Court, January 19, 2026), the court ruled that physical service of a Show Cause Notice (SCN) is mandatory after cancellation of GST registration. The adjudication was set aside because authorities relied only on electronic communication.…
Prasenjit Bhowmik