Posted inBlog Wife’s Jewellery Found at Residence Cannot Be Added to Husband Income: Nagpur ITATNagpur ITAT rules that wife's jewellery found at a common residence cannot be treated as the husband's unexplained asset under Section 69A. Posted by Prasenjit Bhowmik September 10, 2026
Posted inBlog CCPA Fines Zen Restaurant Over Mandatory Service Charge ViolationsZen Restaurant penalized 10000 rupees by CCPA for automatically adding a default service charge, violating consumer rights and fair trade practices. Posted by Prasenjit Bhowmik September 10, 2026
Posted inBlog Section 122(1A) CGST Act: Understanding Prospective and Retrospective PenaltiesExplore the ongoing judicial debate across Bombay, Delhi, and Gauhati High Courts regarding Section 122(1A) of the CGST Act and its applicability. Posted by Prasenjit Bhowmik September 10, 2026
Posted inBlog IRDAI Advances Ind AS Implementation for Insurance SectorLearn how the IRDAI is facilitating Ind AS implementation, with 11 insurers adopting the new framework starting from the financial year 2026-27. Posted by Prasenjit Bhowmik September 10, 2026
Posted inBlog IBBI Guidelines on Enhanced Due Diligence to Prevent IBC Framework MisuseDiscover the latest IBBI circular mandating enhanced due diligence by insolvency professionals to prevent fraudulent misuse of the corporate insolvency process. Posted by Prasenjit Bhowmik September 10, 2026
Posted inBlog ITAT Pune Condones Filing Delay and Directs Fresh Adjudication for Tax AppealDiscover how ITAT Pune condoned a filing delay, set aside a previous CIT(A) order, and remanded the tax appeal for a brand new review and hearing. Posted by Prasenjit Bhowmik September 10, 2026
Posted inBlog Does IBC Moratorium Apply to Section 138 NI Act Cases? Supreme Court ExaminesExplore the Supreme Court examination on whether the IBC Part III moratorium applies to Section 138 Negotiable Instruments Act proceedings. Posted by Prasenjit Bhowmik September 10, 2026
Posted inBlog GSTAT Clarifies JC Appeals Powers on GST Document VerificationLearn how the GSTAT restricted the Joint Commissioner of Appeals from remanding GST matters under Section 107(11) and mandated reasoned orders. Posted by Prasenjit Bhowmik September 10, 2026
Posted inBlog Why REITs and InvITs Should Consider Public Listing NowDiscover why REITs and InvITs are re-evaluating public listings due to broader investor participation, mutual fund access, and tax updates. Posted by Prasenjit Bhowmik September 10, 2026
Posted inBlog ITAT Jaipur Rules WhatsApp Chats Alone Cannot Justify Section 69A Tax AdditionITAT Jaipur deletes a Rs 24.20 lakh addition under Section 69A, ruling that digital chat records without physical cash recovery are insufficient. Posted by Prasenjit Bhowmik September 9, 2026