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Day: October 22, 2026

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A top view of euro banknotes, a miniature architectural model, and a key symbolizing property investment.
Posted inBlog

Gujarat High Court Protects Section 11 Exemption When Form 10B Filed Before Extended Deadline

Discover how the Gujarat High Court protected the Section 11 tax exemption for AY 2019-20 after Form 10B was accepted before the extended deadline.
Posted by Prasenjit Bhowmik October 22, 2026
Creative illustration of full trolley with gold representing concept investing in funds and make capital
Posted inBlog

Kotak Flexi Cap Fund September 2026 Portfolio Strategy and Taxation

Explore the Kotak Flexi Cap Fund for September 2026, covering portfolio details, benchmarks, exit loads, asset under management, and equity fund taxes.
Posted by Prasenjit Bhowmik October 22, 2026
Studio shot of income tax envelope with red pen for accounting and tax season preparation.
Posted inBlog

ITAT Chennai Orders Condonation of 315-Day Delay in Tax Appeal Due to Severe Illness

ITAT Chennai directs the CIT(A) to excuse a 315-day delay in filing an income tax appeal caused by chronic illness and judge the case on its merits.
Posted by Prasenjit Bhowmik October 22, 2026
Studio shot of income tax envelope with red pen for accounting and tax season preparation.
Posted inBlog

Income Tax Appellate Tribunal Deletes Rs 1.50 Crore Addition Over Lack of Evidence

Learn how the Ahmedabad ITAT deleted a Rs 1.50 crore addition under Section 69C because the revenue failed to link the cash recipient to the company.
Posted by Prasenjit Bhowmik October 22, 2026
Close-up of a hand resting on a desk near a stack of investigative documents and newspaper clippings.
Posted inBlog

Delhi High Court Quashes Educomp SFIO Investigation Order

Delhi HC sets aside the SFIO investigation order against Educomp, ruling that uncorroborated reports and lack of material review invalidate proceedings.
Posted by Prasenjit Bhowmik October 22, 2026
Industrial chimneys releasing smoke into the sky with urban buildings in Wrocław, Poland.
Posted inBlog

Mphasis Achieves Validation for Science Based Emissions Targets

Discover how Mphasis Limited has secured official validation for its corporate emissions reduction targets from the Science Based Targets initiative.
Posted by Prasenjit Bhowmik October 22, 2026
Modern skyscraper featuring the UBS logo against a clear sky in New York City.
Posted inBlog

UBS AG Acquires 4.8 Percent Stake in 360 ONE WAM

Global financial institution UBS AG secures a 4.8 percent equity stake in 360 ONE WAM through a recent warrant conversion.
Posted by Prasenjit Bhowmik October 22, 2026
A stark black and white image of a sign imposing a $1000 fine for littering in an outdoor setting.
Posted inBlog

ITAT Rules Section 270A Penalty Notice Valid Despite Missing Clause

Learn how the ITAT Hyderabad ruled that a Section 270A tax penalty notice remains valid even if the specific misreporting clause is omitted.
Posted by Prasenjit Bhowmik October 22, 2026
Aerial view of an industrial power plant in Vijayawada, India, with cooling towers and chimneys emitting smoke.
Posted inBlog

Marico Reports Major Drop in Carbon Emissions Intensity Since FY13

Discover Marico Limited's latest environmental update showcasing a substantial decline in emissions intensity since the fiscal year 2013.
Posted by Prasenjit Bhowmik October 22, 2026
A person points to text in a book, highlighting finance content.
Posted inBlog

ITAT Mumbai Deletes Section 50C Addition Over Ignored DVO Reference

Learn how ITAT Mumbai deleted a Section 50C capital gains addition because the assessing officer finalized the assessment without awaiting the DVO report.
Posted by Prasenjit Bhowmik October 22, 2026

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