Posts by Mahesh Mara

Understanding Bitcoin in a Modern Investment Portfolio for Long-Term Investors In the past decade, Bitcoin has transformed from a fringe digital curiosity into one of the most talked-about assets in…

ITR Notices for Non-Disclosure of Foreign Assets: What Indian Taxpayers Must Know In recent months, Income Tax Return (ITR) notices have been widely circulated among Indian taxpayers for failing to…

ITC Not Deniable for GSTR-3B Error if Disclosed in GSTR-9 – Calcutta High Court Explained The Calcutta High Court recently delivered a significant judgment in the matter of Laxmi Ghosh…

ITAT Mumbai Ruling: Loss on Loan-to-Equity Conversion Allowed as Business Loss for Banks under Income Tax Law In a significant decision for banking and corporate restructuring cases, the Income Tax…

ESOP Valuation Mistakes That Lead to Tax Trouble: A Simple Guide to ESOP Taxation in India Employee Stock Option Plans (ESOPs) have become a popular tool for companies — from…

Double Taxation Avoidance Agreement (DTAA) Explained: Key Concepts, Benefits, and How It Prevents Double Taxation In today’s globalised world, people and businesses often earn income across borders. While this creates…

Income Tax Appeal Delay Condoned by ITAT Pune Even After Huge Additions and Penalty In taxation matters, missing the statutory deadline to file an appeal can be fatal to a…

Calcutta High Court Orders Advance Ruling Board to Fast-Track Joint Venture Tax Ruling Before Revised ITR Deadline The Calcutta High Court recently stepped in to address a procedural delay in…

Section 244A Interest on Advance Tax Refund Cannot Be Denied for Omission in Return – ITAT Pune Facts and Issues of the Case The appeal was filed by Den Discovery…

Supreme Court Quashes Income Tax Reassessment Notices for Wrong Sanction Under Section 151 – Complete Legal Analysis Facts and Issue of the Case In a significant judgment delivered in December…