Articles by CA. Rohit Porwal

Can a Completed Bank Auction Be Reopened or Challenged?

CA. Rohit Porwal 17 March 2026 at 09:10

The Om Sakthi Sekar v. V. Sukumar ruling clarifies that even confirmed DRT auction sales may be reviewed by courts on valuation concerns, highlighting key implications for banks, borrowers, and auction property buyers.

Virtual Digital Assets can be treated as Capital Assets and Exemption can be claimed u/s 54F - ITAT Jodhpur

CA. Rohit Porwal 17 December 2024 at 08:53

The case pertains to the tax treatment of income arising from the sale of Bitcoin, a virtual digital asset (VDA), during the financial year 2020-21

Framework for restructuring loans to MSMEs: Optional or Mandatory

CA. Rohit Porwal 13 September 2024 at 08:46

This Article is brief about a set of appeals consolidated for consideration by the Supreme Court concerning the obligations of banks and Non-Banking Financial Companies (NBFCs) under the Micro, Small, and Medium Enterprises Development Act, 2006 (MSMED Act) to follow procedure laid down in the Instructions for Framework for Revival and Rehabilitation of MSMEs

CA - A journey of Ups and Downs of CA Aspirants

CA. Rohit Porwal 09 August 2023 at 09:07

Firstly, I admire the courage of all CA foundation students to think about one of the toughest Examinations in the country. One can understand the toughness of the exam with the number of candidates appearing in this examination. In May 2023 total of 103517 students appeared for the CA foundation exam.