Prasenjit Bhowmik, MBA Finance & ICSI Professional, expert in taxation, accounts & stock markets since 2008, leading ventures across finance, tea, pharma, and diverse industries
Explore the ITAT Ahmedabad ruling on depreciation for slump sale intangibles, interest deductions under Section 36(1)(iii), and advance revenue appeals.
The MP High Court sets aside a Goods and Services Tax demand order, ruling that a personal hearing is mandatory under Section 75(4) before adverse rulings.
Financial authorities across India have intensified scrutiny on large cash deposits, specifically targeting transactions reaching the ₹50 lakh threshold in bank accounts. According to official reports, depositing substantial amounts of…