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Posts by Prasenjit Bhowmik

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  • Prasenjit Bhowmik
  • Page 73
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
Studio shot of income tax envelope with red pen for accounting and tax season preparation.
Posted inBlog

Universal Distributors vs Vadodara-I: Service Tax Dispute on Truck Rentals

Explore the legal details of Universal Distributors vs Vadodara-I regarding service tax on hydrogen cylinder skid truck rentals decided in September 2026.
Posted by Prasenjit Bhowmik September 17, 2026
Top view of credit card and application documents on wooden surface.
Posted inBlog

CENVAT Credit Reversal Dispute: Understanding Rule 3(5B) Compliance

Explore the legal complexities of CENVAT credit reversal under Rule 3(5B) of the CENVAT Credit Rules, 2004, following a notable tribunal decision.
Posted by Prasenjit Bhowmik September 17, 2026
Close-up of hands signing a legal document on a wooden table indoors.
Posted inBlog

Understanding Customs Broker Obligations and Compliance Standards

Explore essential duties, client verification standards, and due diligence requirements for licensed customs brokers operating under regulatory frameworks.
Posted by Prasenjit Bhowmik September 17, 2026
A close-up shot of a hand offering a blue debit card for payment.
Posted inBlog

UPI Transactions Remain Free for Peer-to-Peer and Most Merchants Under New Framework

Discover how the new regulatory framework keeps UPI free for peer-to-peer payments and 96 percent of merchant transactions, with MDR on specific payments.
Posted by Prasenjit Bhowmik September 17, 2026
Yellow dice spelling 'Scam' on fake currency, representing financial deception.
Posted inBlog

CGST Delhi South Commissionerate Arrests Partner Over Rs 15.78 Crore Fake ITC Scam

CGST Delhi South arrests a firm partner for fraudulent input tax credit availment and passing over Rs 15.78 crore. Read the latest enforcement update.
Posted by Prasenjit Bhowmik September 17, 2026
A minimalistic image featuring a 'Crew Only' sign on a ladder against a white wall.
Posted inBlog

SEBI Extends NSE Clearing Limited Recognition for Three Years

Market regulator SEBI has officially renewed the recognition of NSE Clearing Limited for a duration of three years starting from October 3, 2026.
Posted by Prasenjit Bhowmik September 17, 2026
Monochrome image of stock market data on a screen, depicting financial information and trends.
Posted inBlog

SEBI Extends Metropolitan Stock Exchange Recognition for Another Year

Market regulator SEBI has officially renewed the recognition of the Metropolitan Stock Exchange for a one-year period starting September 16, 2026.
Posted by Prasenjit Bhowmik September 17, 2026
Indian police officer with arms crossed standing by a patrol car outdoors, showcasing authority and law enforcement presence.
Posted inBlog

FSSAI Expands Central Food Safety Officers Jurisdiction to 14 Airports

FSSAI issues a notification expanding Central Food Safety Officers jurisdiction to cover 14 major airports across India for enhanced regulatory oversight.
Posted by Prasenjit Bhowmik September 17, 2026
Abstract wooden beams creating striking geometric patterns in modern architecture.
Posted inBlog

ITAT Jaipur Deletes ₹7.77 Lakh Section 69 Addition Following AO Verification

Learn how ITAT Jaipur deleted a ₹7.77 lakh Section 69 addition after the Assessing Officer verified the source of investment in property.
Posted by Prasenjit Bhowmik September 17, 2026
Open briefcase filled with stacks of hundred dollar bills on a glass table, representing wealth.
Posted inBlog

ITAT Grants Relief on Section 69A Additions for Business Cash Deposits

Learn about the recent ITAT ruling allowing twenty lakh credit for business cash deposits against Section 69A additions and its tax implications.
Posted by Prasenjit Bhowmik September 16, 2026

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