"PRACTISING AS A SENIOR ADVOCATE IN HONBLE ITAT, KOLKATA FOR LAST 23 YEARS STEADILY. BEFORE IT WAS IN DELHI HIGHCOURT AND ITAT, DELHI. EX LECTURER OF DEPT. OF LAW, UNIVERSITY OF BURDWAN."
The article argues that failure to comply before the AO or CIT(A) can lead to adverse assessments, as higher forums generally cannot rectify missing factual records.
The article argues that debt has increasingly become the foundation of economic activity across households, businesses, and governments. It highlights concerns over whether sustained reliance on borrowing is masking deeper structural challenges.
The article examines how ATMs are facing cash shortages even though currency circulation is at an all-time high. It argues that banking liquidity stress and inadequate cash supply are emerging as serious economic concerns.
The article argues that recurring policy interventions have failed to resolve deep-rooted economic problems. It suggests that prolonged neglect of structural issues could push the global economy from recession into stagflation.
Drawing comparisons with China’s housing sector collapse, the article argues that India is witnessing similar trends of aggressive construction amid weakening market fundamentals. It cautions against ignoring lessons from underutilized urban projects abroad.
This piece explains how speculative and unaccounted money overtakes genuine economic value, creating artificial growth. It highlights how such imbalance leads to financial bubbles and eventual economic collapse.
This article examines the gap between strong GDP figures and underlying economic weaknesses. The takeaway is that headline growth may not reflect real financial health.
The article links rising tensions involving the USA, Israel, and Iran to long-standing struggles over oil control. It also connects modern geopolitical conflict to escalating global debt and financial instability.
Perhaps Union Budget 2026 is being presented at a time when not only the domestic economy, but the entire global economy, is navigating one of the most critical and challenging phases in the history of human civilization.
This explains why recent income disclosure intimations lack statutory support and create uncertainty. The key takeaway is that vague communications without cited legal provisions may not withstand legal scrutiny.
