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Month: August 2026

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  • 2026
  • August
  • Page 11
Significant advantages of IFSC in India over IFSC in Singapore
Posted inBlog

Significant advantages of IFSC in India over IFSC in Singapore

India's premier financial hub, the Gujarat International Finance Tec-City (GIFT) International Financial Services Centre (IFSC), has emerged as a formidable competitor to established global financial centers like Singapore. According to…
Posted by Prasenjit Bhowmik August 17, 2026
BSNL VRS-2019 Compensation Gets Full Sec. 10(10B) Exemption; ITAT Condones 1,404-Day Delay
Posted inBlog

BSNL VRS-2019 Compensation Gets Full Sec. 10(10B) Exemption; ITAT Condones 1,404-Day Delay

In a notable tax ruling, the Hyderabad bench of the Income Tax Appellate Tribunal (ITAT) has granted significant relief to former employees of Bharat Sanchar Nigam Limited (BSNL). Official reports…
Posted by Prasenjit Bhowmik August 17, 2026
Lucknow ITAT Rules Sales Spike Alone Cannot Tax Demonetisation Cash as Unexplained
Posted inBlog

Lucknow ITAT Rules Sales Spike Alone Cannot Tax Demonetisation Cash as Unexplained

The Lucknow ITAT ruled that a surge in sales during demonetisation is not enough to tax cash deposits as unexplained income, easing business scrutiny.
Posted by Prasenjit Bhowmik August 17, 2026
Consumer Commission Adjudicates Insurance Premium Refund Dispute in Hyderabad
Posted inBlog

Consumer Commission Adjudicates Insurance Premium Refund Dispute in Hyderabad

A Hyderabad consumer court reviews a policyholders appeal against Birla Sun Life Insurance over a decade old premium refund dispute.
Posted by Prasenjit Bhowmik August 17, 2026
Bombay High Court Rules Ambiguous Tax Notice Invalidates Penalty Proceedings
Posted inBlog

Bombay High Court Rules Ambiguous Tax Notice Invalidates Penalty Proceedings

Discover how a landmark Bombay High Court ruling protects taxpayers by invalidating penalty proceedings initiated through ambiguous tax notices.
Posted by Prasenjit Bhowmik August 17, 2026
Consumer Commission Adjudicates Insurance Premium Refund Dispute in Hyderabad
Posted inBlog

Consumer Commission Adjudicates Insurance Premium Refund Dispute in Hyderabad

On July 31, 2026, the State Consumer Disputes Redressal Commission addressed an appeal filed under Section 41 of the Consumer Protection Act, 2019, involving Kumar Jain Jitender and Birla Sun…
Posted by Prasenjit Bhowmik August 17, 2026
Consumer Court Issues Final Judgment in Kolkata Housing Dispute Over Deed Execution
Posted inBlog

Consumer Court Issues Final Judgment in Kolkata Housing Dispute Over Deed Execution

On August 13, 2026, the judicial authorities in Kolkata delivered a final verdict in a long-standing property dispute involving homebuyers and developers. The case, registered under Sri Samrat Das and…
Posted by Prasenjit Bhowmik August 16, 2026
Legal Proceedings Advance in Consumer Protection Case Involving Real Estate Developers
Posted inBlog

Legal Proceedings Advance in Consumer Protection Case Involving Real Estate Developers

A consumer dispute involving residential real estate development has seen formal legal progress under the framework of consumer protection legislation. The matter involves a complaint filed by a residential apartment…
Posted by Prasenjit Bhowmik August 16, 2026
Supreme Court Declines Interference With Penalty Deletion Over Ambiguous Notice
Posted inBlog

Supreme Court Declines Interference With Penalty Deletion Over Ambiguous Notice

The Supreme Court of India recently dismissed a special leave petition challenging a High Court ruling, which had upheld the deletion of a tax penalty due to an ambiguous statutory…
Posted by Prasenjit Bhowmik August 16, 2026
Appeal Allowed Against Section 73 GST Order, Delay to Be Considered: Telangana HC
Posted inBlog

Appeal Allowed Against Section 73 GST Order, Delay to Be Considered: Telangana HC

The Telangana High Court ruled that GST appeals under Section 73 can proceed after the appellate authority evaluates the reasons behind filing delays.
Posted by Prasenjit Bhowmik August 16, 2026

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  • Section 43CA Does Not Apply to Transfer of TDRs, Rules ITAT Nagpur

Recent Comments

  1. Misuse of SARFAESI Act: Borrower Concerns and Banking Practices – smeaccountant on Misuse of SARFAESI Act: Borrower Concerns and Banking Practices
  2. Legal Proceedings Advance in Mehul Narayan Thakkar vs Rukshmani Syntex Private Limited – smeaccountant on Legal Proceedings Advance in Mehul Narayan Thakkar vs Rukshmani Syntex Private Limited
  3. Understanding the Order to Cash (O2C) Cycle: Process, Controls, and Metrics – smeaccountant on Financial Institution Appeals District Consumer Commission Order in Gurdaspur
  4. Revision Petition Dismissed Over Unexplained 1,142-Day Delay in Legal Proceedings – smeaccountant on Omaxe New Chandigarh Developers Challenges District Commission Orders in Revision Petition
  5. Adani Power Challenges Maharashtra Regulatory Commission Order in Landmark Appeal – smeaccountant on MSEDCL Seeks Withdrawal of Appeal in Regulatory Dispute with JSW Energy

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