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Month: August 2026

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  • 2026
  • August
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Form 48: Accountant's Report for International & Specified Domestic Transactions
Posted inBlog

Form 48: Accountant’s Report for International & Specified Domestic Transactions

Learn how the new Form 48 streamlines transfer pricing disclosures and compliance for your international and specified domestic transactions.
Posted by Prasenjit Bhowmik August 22, 2026
Bangalore ITAT Rules Demonetised Notes for Loan Recovery Are Not Taxable Under Section 68
Posted inBlog

Bangalore ITAT Rules Demonetised Notes for Loan Recovery Are Not Taxable Under Section 68

The Bangalore ITAT ruled that demonetised notes accepted for loan recoveries are not taxable under Section 68, easing tax burdens for cooperatives.
Posted by Prasenjit Bhowmik August 22, 2026
Misuse of SARFAESI Act: Borrower Concerns and Banking Practices
Posted inBlog

Misuse of SARFAESI Act: Borrower Concerns and Banking Practices

Discover how aggressive banking recovery tactics under the SARFAESI Act impact borrowers and what steps can be taken to protect your secured assets.
Posted by Prasenjit Bhowmik August 22, 2026
Understanding the Order to Cash (O2C) Cycle: Process, Controls, and Metrics
Posted inBlog

Understanding the Order to Cash (O2C) Cycle: Process, Controls, and Metrics

Modern businesses constantly seek ways to optimize their financial workflows, placing a strong emphasis on the comprehensive Order to Cash (O2C) cycle. According to official reports, this vital operational framework…
Posted by Prasenjit Bhowmik August 22, 2026
National Consumer Disputes Redressal Commission Evaluates Industrial Allotment Dispute
Posted inBlog

National Consumer Disputes Redressal Commission Evaluates Industrial Allotment Dispute

On August 18, 2026, the National Consumer Disputes Redressal Commission addressed two distinct revision petitions involving industrial plot allocations, with A.P. Sahi, President of the Commission, presiding over the proceedings.…
Posted by Prasenjit Bhowmik August 22, 2026
Financial Institution Appeals District Consumer Commission Order in Gurdaspur
Posted inBlog

Financial Institution Appeals District Consumer Commission Order in Gurdaspur

Shri Ram Transport Finance appeals a Gurdaspur consumer forum ruling in an ongoing legal dispute with consumer Kamaljit Singh.
Posted by Prasenjit Bhowmik August 22, 2026
Legal Proceedings Advance in Mehul Narayan Thakkar vs Rukshmani Syntex Private Limited
Posted inBlog

Legal Proceedings Advance in Mehul Narayan Thakkar vs Rukshmani Syntex Private Limited

Discover key updates as the legal battle between Mehul Narayan Thakkar and Rukshmani Syntex advances before the appellate tribunal.
Posted by Prasenjit Bhowmik August 22, 2026
Customs Tribunal Rules on Imported Motorcycle Seizure in Kochi Dispute
Posted inBlog

Customs Tribunal Rules on Imported Motorcycle Seizure in Kochi Dispute

Discover how the customs appellate bench ruled on a seized Yamaha R-1 motorcycle in Kochi following a probe into tax evasion and fake registration.
Posted by Prasenjit Bhowmik August 22, 2026
Hyderabad ITAT Rules Reassessment on Existing Material Constitutes Change of Opinion
Posted inBlog

Hyderabad ITAT Rules Reassessment on Existing Material Constitutes Change of Opinion

The Hyderabad Bench of the Income Tax Appellate Tribunal (ITAT) has issued a significant ruling concerning tax reassessment procedures. According to official reports, the tribunal quashed a reopening notice under…
Posted by Prasenjit Bhowmik August 22, 2026
Revision Petition Dismissed Over Unexplained 1,142-Day Delay in Legal Proceedings
Posted inBlog

Revision Petition Dismissed Over Unexplained 1,142-Day Delay in Legal Proceedings

On August 17, 2026, the judicial body presided over by Justice A.P. Sahi addressed a significant procedural hurdle involving a revision petition filed by D. P. Machines against Anirudh Naik.…
Posted by Prasenjit Bhowmik August 22, 2026

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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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