Posted inBlog UBS AG Acquires 4.8 Percent Stake in 360 ONE WAMGlobal financial institution UBS AG secures a 4.8 percent equity stake in 360 ONE WAM through a recent warrant conversion. Posted by Prasenjit Bhowmik October 22, 2026
Posted inBlog ITAT Rules Section 270A Penalty Notice Valid Despite Missing ClauseLearn how the ITAT Hyderabad ruled that a Section 270A tax penalty notice remains valid even if the specific misreporting clause is omitted. Posted by Prasenjit Bhowmik October 22, 2026
Posted inBlog Marico Reports Major Drop in Carbon Emissions Intensity Since FY13Discover Marico Limited's latest environmental update showcasing a substantial decline in emissions intensity since the fiscal year 2013. Posted by Prasenjit Bhowmik October 22, 2026
Posted inBlog ITAT Mumbai Deletes Section 50C Addition Over Ignored DVO ReferenceLearn how ITAT Mumbai deleted a Section 50C capital gains addition because the assessing officer finalized the assessment without awaiting the DVO report. Posted by Prasenjit Bhowmik October 22, 2026
Posted inBlog Himachal Pradesh High Court Rules on SARFAESI Writ Petitions and Alternative RemediesDiscover the Himachal Pradesh HC ruling stating SARFAESI proceedings cannot be challenged via writ when an alternative remedy exists. Posted by Prasenjit Bhowmik October 22, 2026
Posted inBlog Supreme Court Rules Article 21 Overrides PMLA Section 45 Bail RestrictionsSupreme Court grants bail to Padam Chand Jain, ruling that Article 21 constitutional safeguards override stringent PMLA Section 45 custody conditions. Posted by Prasenjit Bhowmik October 22, 2026
Posted inBlog ITAT Ahmedabad Rules NIL Arm’s Length Price Without Transfer Pricing Method InvalidITAT Ahmedabad rules that determining a NIL arm's length price for intra-group services without a prescribed transfer pricing method is invalid. Posted by Prasenjit Bhowmik October 22, 2026
Posted inBlog Reverse Charge Self-Invoices in the E-Invoice System: Capability and ComplianceUnderstand the new reverse charge self-invoice facility within the GST e-invoice system. Learn about thresholds, legal provisions, and compliance. Posted by Prasenjit Bhowmik October 22, 2026
Posted inBlog Delhi GSTAT Rules Retrospective GST Cancellation Cannot Deny Buyer ITCDelhi GSTAT rules that retrospective supplier GST registration cancellation cannot automatically deny a genuine buyer input tax credit under Section 16. Posted by Prasenjit Bhowmik October 22, 2026
Posted inBlog Angadia Cash Transfers and Income Tax: ITAT Ahmedabad Clarifies RulesLearn how ITAT Ahmedabad ruled that Angadia cash transfers are not entirely taxable as unexplained money, excluding Section 115BBE additions. Posted by Prasenjit Bhowmik October 21, 2026