Profile
Kushagra Gahlot is an Associate at Metalegal Advocates and advises clients on taxation, economic offences, and regulatory disputes. His practice encompasses direct tax litigation, advisory matters, white-collar crime investigations, and proceedings under specialised financial and regulatory statutes.
Kushagra regularly assists individuals, businesses, and high-net-worth clients in navigating complex tax controversies, regulatory enforcement actions, and financial investigations. His experience includes assessment and reassessment proceedings, search and seizure matters, appellate tax litigation, proceedings under the Prohibition of Benami Property Transactions Act, 1988, and matters involving economic offences and financial misconduct.
Combining a strong litigation background with a practical and analytical approach, Kushagra advises clients on dispute resolution strategies, regulatory compliance, and risk management across a range of contentious and advisory matters.
Education
B.A.,LL.B (Hons), Christ University, Bengaluru
Professional Affiliations
Bar Council of Delhi
Practice
Economic Offences | Litigation | Tax Law
Key Assignments
Assisting clients in direct tax litigation, including assessment, reassessment, search and seizure proceedings, and appellate matters.
Advising and representing clients in proceedings under the Prohibition of Benami Property Transactions Act, including adjudication and appellate proceedings.
Assisting in matters involving economic offences, financial investigations, and regulatory enforcement actions.
Supporting clients in tax and regulatory disputes involving complex financial and compliance issues.
Advising clients on strategic dispute resolution, regulatory compliance, and risk mitigation in taxation and enforcement matters.
2025-04-28
5
min read
ITAT: Section 56(2)(vii)(b) Not Retrospectively Applicable to Property Purchased Under Pre-Amendment Agreement
The ITAT Nagpur Bench has held that Section 56(2)(vii)(b) of the Income-tax Act, 1961 cannot be retrospectively applied to property transactions based on agreements executed prior to its commencement. In allowing the assessee’s appeal, the Tribunal reaffirmed that taxing provisions must apply prospectively unless explicitly stated otherwise, protecting pre-amendment transactions from adverse retrospective tax consequences.
2025-04-13
4
min read
CBDT Notifies ITR-B for Search-Related Income Tax Returns: A Step Toward Streamlined Block Assessments
The CBDT has notified Form ITR-B as a new income tax return form specifically for block assessments arising from search and seizure actions. Effective retrospectively from 01.09.2024, the new r. 12AE introduces procedural clarity, a digital filing framework, and enables stricter scrutiny of undisclosed income and tax credit claims. This marks a key shift toward structured compliance in high-stakes search proceedings under ch. XIV-B.
2025-01-26T18:30:00Z
6
min read
ITAT Quashes Reassessment Notice for Lack of Fresh Tangible Material and Independent Inquiry
In Minal Shroff v. ITO, the ITAT quashed a reassessment under Section 147 for relying solely on third-party alerts, without any fresh inquiry or tangible material. This case reaffirms critical safeguards for taxpayers and clarifies that the ‘reason to believe’ must be the AO’s own, not borrowed.