Articles by CA Divyajeet Singh Sabharwal

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Guntupalli Marble's Fight for Financial Respiration in the Grip of GST Attachment

  CA Divyajeet Singh Sabharwal    30 January 2024 at 09:02

A event of uncertainty and financial paralysis engulfed Guntupalli Marble and Granites (GMG) in November 2023 when the GST department froze their bank accounts...



New Rules Open Doors to Global Investment

  CA Divyajeet Singh Sabharwal    29 January 2024 at 08:47

This dynamic duo of regulatory reforms promises to propel Indian companies into the global spotlight, offering them unprecedented access to international investors and propelling their growth trajectories.



Analysing the Deductibility of Actor's Fitness Expenses

  CA Divyajeet Singh Sabharwal    26 January 2024 at 07:36

When the curtain falls on the silver screen, and the spotlight shifts to the realm of income tax, the question of deductibility for actor's fitness expenses ignites a heated debate, leaving both actors and tax authorities grappling with a labyrinth of arguments and legal grey areas.



Unraveling the Interplay Between Section 138 of the Income Tax Act and Section 22 of the RTI Act

  CA Divyajeet Singh Sabharwal    25 January 2024 at 08:49

This article delves into the complex interplay between these two statutes, focusing on the potential conflict between Section 138 of the IT Act and Section 22 of the RTI Act, and its implications.



Deductibility of Interest on Loan Taken for Family Settlement against Capital Gains from Gifted Property

  CA Divyajeet Singh Sabharwal    23 January 2024 at 08:50

This article delves into the intricacies of the case, analyzes the relevant legal provisions, and offers a critical perspective on the deductibility of such interest claims.



A Delhi HC Order Paves Way for Swift GST Refund Adjudication

  CA Divyajeet Singh Sabharwal    22 January 2024 at 08:45

For many taxpayers seeking refunds under the Goods and Services Tax (GST) regime, delays and bureaucratic hurdles can feel like an endless maze. But a recent ray of hope emerged from the Delhi High Court, offering a potential escape route with its directive in one of the case.



Analysing AO making additions on Peak Purchase Credit

  CA Divyajeet Singh Sabharwal    20 January 2024 at 08:25

This judgment, with far-reaching implications for taxpayers and tax authorities, warrants a closer look through the lens of its implecations and detailed analysis.



New Eligibility Norms for UCB Inclusion in RBI's Second Schedule

  CA Divyajeet Singh Sabharwal    19 January 2024 at 08:51

This article delves into the revised eligibility norms, their implications for UCBs, and the potential impact on the cooperative banking sector in India.



Jyoti CNC Automation Ltd: IPO Analysis

  CA Divyajeet Singh Sabharwal    18 January 2024 at 08:53

Jyoti CNC Automation Ltd., a name synonymous with precision engineering and industrial automation, roared onto the Indian stock market on January 9, 2024.



MSME Debt Restructuring Framework by RBI

  CA Divyajeet Singh Sabharwal    17 January 2024 at 08:57

A recent judgment by the Bombay High Court has shed light on a crucial nuance within this framework, clarifying the roles and responsibilities of both MSMEs and their lenders.