Posted inBlog Why REITs and InvITs Should Consider Public Listing NowDiscover why REITs and InvITs are re-evaluating public listings due to broader investor participation, mutual fund access, and tax updates. Posted by Prasenjit Bhowmik September 10, 2026
Posted inBlog ITAT Jaipur Rules WhatsApp Chats Alone Cannot Justify Section 69A Tax AdditionITAT Jaipur deletes a Rs 24.20 lakh addition under Section 69A, ruling that digital chat records without physical cash recovery are insufficient. Posted by Prasenjit Bhowmik September 9, 2026
Posted inBlog ITAT Mumbai Quashes Income Tax Reassessment Over Borrowed SatisfactionLearn how ITAT Mumbai set aside a tax reassessment because the assessing officer relied on investigation wing data without independent verification. Posted by Prasenjit Bhowmik September 9, 2026
Posted inBlog Yashpal Singh vs Cosmos Infra Engineering: Consumer Court Appeal OverviewExplore the legal appeal involving Yashpal Singh and M/S Cosmos Infra Engineering regarding a consumer dispute case from the New Delhi commission. Posted by Prasenjit Bhowmik September 9, 2026
Posted inBlog ITAT Mumbai Rules in Favor of Taxpayer in Loan Addition DisputeDiscover how ITAT Mumbai successfully allowed a taxpayer appeal in a loan addition case by following the established Bhavana Suresh Chauhan precedent. Posted by Prasenjit Bhowmik September 9, 2026
Posted inBlog ITAT Mumbai Rules Section 48 Cannot Substitute Future Share PricesITAT Mumbai deletes a 97 crore capital gain addition, ruling that consideration from a later share transfer cannot be applied retrospectively. Posted by Prasenjit Bhowmik September 9, 2026
Posted inBlog ITAT Mumbai Deletes Rs 30 Lakh Unexplained Money Addition Under Section 69AITAT Mumbai deletes a Rs 30 lakh addition under Section 69A after accepting foreign salary savings as a valid source of funds. Posted by Prasenjit Bhowmik September 9, 2026
Posted inBlog ITAT Rules in Favor of Full Section 57 Interest Deduction Beyond Interest IncomeDiscover the recent ITAT ruling allowing full Section 57 interest deduction without income limits, provided a clear nexus with other-source income exists. Posted by Prasenjit Bhowmik September 9, 2026
Posted inBlog DPIIT Startup Registration in India 2026: Tax Exemptions and Benefits for FoundersDiscover the key benefits of DPIIT startup registration in India, including 80-IAC tax holidays, ESOP deferrals, and access to the Fund of Funds. Posted by Prasenjit Bhowmik September 9, 2026
Posted inBlog ITAT Cuttack Rules NFAC Show-Cause Notice Before March 29 2022 InvalidITAT Cuttack quashes reassessment proceedings after ruling that NFAC issued a show-cause notice prematurely without proper jurisdiction. Posted by Prasenjit Bhowmik September 9, 2026