Nikhil Bhandari

Nikhil Bhandari is a Chartered Accountant and a Indirect Tax professional with over 4.5 years of post-qualification experience in tax advisory, compliance management, and tax process optimization. Associated with SDU LLP since August 2015 spanning his articleship through to his current role as Assistant Manager Nikhil has uniquely navigated India’s transition from the legacy tax regime into the GST era.His expertise encompasses both strategic advisory and Indirect Tax litigation, where he represents clients in complex disputes across the manufacturing, service, and e-commerce sectors. By providing high-level counsel to corporate leadership, he ensures that tax positions are not only robust and compliant but also structured for long-term operational efficiency.Beyond his core practice, Nikhil is a proactive contributor to the GST ecosystem. He is dedicated to tracking and analyzing judicial precedents from various High Courts and the Supreme Court, fostering greater clarity and ease of access to tax intelligence for the wider professional community.

AO Can’t Reject DCF Share Valuation and Substitute NAV Method for Section 56(2)(viib) Addition: ITAT

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that an Assessing Officer (AO) cannot discard a taxpayer's valuation of shares carried out under the Discounted Cash Flow (DCF) method and replace it with the Net Asset Value (NAV) method merely...

Marriage Gifts and Household Cash Retention Can’t Be Rejected on Mere Suspicion: ITAT Deletes Demonetisation Addition

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that cash received as marriage gifts and retained at home for genuine household and medical contingencies cannot be treated as unexplained money merely because it was deposited several months later during the...
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Latest articles

AO Can’t Reject DCF Share Valuation and Substitute NAV Method for Section 56(2)(viib) Addition: ITAT

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that an...

Marriage Gifts and Household Cash Retention Can’t Be Rejected on Mere Suspicion: ITAT Deletes Demonetisation Addition

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that cash...

ITAT Restores Dawoodi Bohra Jamat’s 12AB Registration Matter

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has set aside an...

Donation to Political Party Was Part of Accommodation Entry Scheme: ITAT Upholds Denial of S. 80GGC Deduction

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has upheld the disallowance...