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Atith Sinai Amonkar

Latest Posts by Atith Sinai Amonkar

Commercial Property Not a Residential House for Section 54F Exemption: ITAT Chennai in Kesavan Vanithamani Vs. ITO

February 18, 2026 594 Views 0 comment Print

Tribunal held that a commercial tannery cannot be treated as a residential house merely because rent is taxed under “House Property.” Section 54F exemption cannot be denied on such technical classification.

How a Definitive Investor Can Survive a Systemic and Institutional Collapse

February 12, 2026 441 Views 0 comment Print

This article explains deposit insurance limits, broker safeguards, and legal recovery mechanisms. It highlights diversification and regulatory awareness as key investor survival strategies.

Optimising Working Capital through January 2026 GSTR-3B Updates

February 6, 2026 2409 Views 0 comment Print

Explore how optimising working capital through January 2026 GSTR-3B updates transforms financial management and compliance.

Budget 2026: Analysis of Macroeconomic Stability & Financial Market Realignment

February 3, 2026 579 Views 0 comment Print

The budget pivots from short-term stimulus to fiscal credibility by targeting a lower debt-to-GDP ratio. The key takeaway is a stronger foundation for sustainable growth and investment confidence.

Analysis of GST Transition to RSP-Based Valuation in India’s Tobacco Sector

January 30, 2026 2472 Views 0 comment Print

India shifts tobacco GST to RSP-based valuation from Feb 2026, raising tax outflows, tightening liquidity, and reshaping supply chain finance.

Need for a Policy Framework for Mandating Tax-Inclusive Credit Scoring in India

January 26, 2026 375 Views 0 comment Print

The evolution of India’s financial architecture is increasingly defined by the tension between rapid digitisation and the persistent exclusion of a significant portion of the population from formal credit channels.

ICEGATE, ECCS & ACES–GST portal Declared Critical Infrastructure Under IT Act

January 19, 2026 936 Views 0 comment Print

The issue was whether India’s tax and customs platforms require national-security-level protection. The government held that ICEGATE, ECCS, and ACES–GST qualify as Critical Information Infrastructure, mandating stricter cybersecurity and access controls.

Jurisprudential & Economic Case for Differential Works Contract Taxation in GST

January 12, 2026 591 Views 0 comment Print

Treating all works contracts as services at 18% ignores their composite nature. The key takeaway is that uniform taxation can penalise material-heavy and merit-based projects.

Technical & Operational Impediments in Implementation of Section 139(8A)

January 1, 2026 1260 Views 0 comment Print

Explore the legal and technical hurdles in filing Updated Returns under Section 139(8A), including Excel utility dependencies and procedural complexities.

Section 194C: TDS on Payments to Contractors & Sub-contractors

November 21, 2025 7182 Views 1 comment Print

Learn when and how TDS applies to payments for contractual work, including rates, thresholds, exemptions, and recent amendments.

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