Prasenjit Bhowmik, MBA Finance & ICSI Professional, expert in taxation, accounts & stock markets since 2008, leading ventures across finance, tea, pharma, and diverse industries
Learn how ITAT Bangalore mandated detailed verification of purchase and sales mismatches, ruling against the rejection of fresh evidence without examination.
The Bombay High Court invalidated a steep retrospective penalty imposed by a housing society for parking an eleven thousand rupee bicycle in a staircase.
ITAT Chennai upholds the deletion of a Rs 9.65 crore Section 69C addition, ruling in favor of the assessee due to robust job-work records and untested statements.