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Posts by Prasenjit Bhowmik

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  • Prasenjit Bhowmik
  • Page 113
About Prasenjit Bhowmik
Prasenjit Bhowmik, MBA Finance & ICSI Professional, expert in taxation, accounts & stock markets since 2008, leading ventures across finance, tea, pharma, and diverse industries
Legal Proceedings Unfold in Cargo Marine Insurance Dispute Involving Mga International and United India Insurance
Posted inBlog

Legal Proceedings Unfold in Cargo Marine Insurance Dispute Involving Mga International and United India Insurance

Discover how the legal battle unfolds as Mga International challenges United India Insurance over a rejected marine cargo claim for a 2007 timber shipment.
Posted by Prasenjit Bhowmik August 16, 2026
Legal Battle Unfolds in NCLT Regarding Corporate Contempt Proceedings
Posted inBlog

Legal Battle Unfolds in NCLT Regarding Corporate Contempt Proceedings

Explore the intense corporate legal battle in the NCLT as appellants challenge a key ruling and push for critical contempt proceedings.
Posted by Prasenjit Bhowmik August 16, 2026
Legal Precedent Reinforces Standards for Currency Seizure Under Customs Act
Posted inBlog

Legal Precedent Reinforces Standards for Currency Seizure Under Customs Act

Learn how a landmark court ruling strengthens asset owner protections by requiring strict proof for currency seizures under the Customs Act.
Posted by Prasenjit Bhowmik August 16, 2026
Hyderabad ITAT Deletes ₹2.55 Crore On-Money Additions for Lack of Corroboration
Posted inBlog

Hyderabad ITAT Deletes ₹2.55 Crore On-Money Additions for Lack of Corroboration

In a significant legal development, the Hyderabad bench of the Income Tax Appellate Tribunal (ITAT) has deleted tax additions amounting to ₹2.55 crore. Official reports indicate that the tribunal ruled…
Posted by Prasenjit Bhowmik August 15, 2026
ITAT Remands ₹2.15 Crore On-Money Addition Pending Developer's Appeal Findings
Posted inBlog

ITAT Remands ₹2.15 Crore On-Money Addition Pending Developer’s Appeal Findings

Tax authorities recently faced a procedural turning point when the Income Tax Appellate Tribunal (ITAT) set aside a disputed financial addition amounting to ₹2.15 crore. The tribunal ordered a fresh…
Posted by Prasenjit Bhowmik August 15, 2026
Hyderabad ITAT Rules Only 16% of ₹40.93 Crore On-Money Receipts Are Taxable
Posted inBlog

Hyderabad ITAT Rules Only 16% of ₹40.93 Crore On-Money Receipts Are Taxable

In a notable tax jurisprudence development, the Hyderabad bench of the Income Tax Appellate Tribunal (ITAT) has ruled that only 16 percent of a disputed ₹40.93 crore in on-money receipts…
Posted by Prasenjit Bhowmik August 15, 2026
ITAT Delhi Rules Foreign Life Policy Is Not Undisclosed Asset and Maturity Proceeds Are Exempt
Posted inBlog

ITAT Delhi Rules Foreign Life Policy Is Not Undisclosed Asset and Maturity Proceeds Are Exempt

The Income Tax Appellate Tribunal (ITAT) in Delhi has ruled that a foreign life insurance policy acquired while an individual was a non-resident Indian (NRI) does not constitute an undisclosed…
Posted by Prasenjit Bhowmik August 15, 2026
ICICI Lombard Revision Petition Challenges State Commission Orders in Legal Dispute
Posted inBlog

ICICI Lombard Revision Petition Challenges State Commission Orders in Legal Dispute

On August 7, 2026, legal proceedings unfolded in a high-profile revision petition involving ICICI Lombard General Insurance and respondent Basant Nain, son of Jagbhushan Nain. The court session brought legal…
Posted by Prasenjit Bhowmik August 15, 2026
Legal Dispute Filed Against Real Estate Developer Over Alleged Service Deficiencies
Posted inBlog

Legal Dispute Filed Against Real Estate Developer Over Alleged Service Deficiencies

On August 10, 2026, a formal legal complaint was lodged by Smt. Sushila Bansal against prominent real estate developer M/s BPTP Ltd., citing severe deficiencies in service and engagement in…
Posted by Prasenjit Bhowmik August 15, 2026
Legal Proceedings Unfold in Suhail Salim Sumar vs Drip Capital Inc Case
Posted inBlog

Legal Proceedings Unfold in Suhail Salim Sumar vs Drip Capital Inc Case

On August 13, 2026, the appellate tribunal convened in a hybrid mode to address a significant procedural filing in the legal dispute involving Suhail Salim Sumar and Drip Capital Inc…
Posted by Prasenjit Bhowmik August 15, 2026

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Recent Comments

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