The Madras High Court has directed the deposit approximately Rs. 241 crore as a condition for entertaining its writ petitions challenging massive tax demands exceeding Rs. 4,500 crore. The bench of Justice C. Saravanan has observed that the assessee is otherwise required to pre-deposit the amounts as per Section 107 (6B), while entertaining the Writ…
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.
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Company & PMLA
SARFAESI Pre-Deposit Not Mandatory for Appeals Against Purely Procedural DRT Orders: Bombay High Court
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