Direct Taxes (including International Taxation) | By ALOK PATNIA | May 9, 2015
A company providing exclusive software related services or both software related services and software development services jointly canno...
Direct Taxes (including International Taxation) | By ALOK PATNIA | May 9, 2015
A holding company lets out a portion of its factory premises to its subsidiary company. The let out was done as subsidiary could carry ou...
Direct Taxes (including International Taxation) | By ALOK PATNIA | May 7, 2015
Trading in shares.. when we hear this, we feel very comfortable . This is because most of us do this very frequently in our daily life. W...
News & FAQs | By ALOK PATNIA | May 6, 2015
A step towards fulfilling the dream of GST.. GST Constitutional Amendment Bill passes in Lok Sabha. The Lok Sabha passes the much- awaite...
Direct Taxes (including International Taxation) | By ALOK PATNIA | May 6, 2015
Fees for Technical Services (FTS) is defined as consideration including lump sum for rendering of any managerial, technical or profession...
Direct Taxes (including International Taxation) | By ALOK PATNIA | May 5, 2015
Rental income received from letting out the property shall be taxed under House Property or as Business Income? Whenever we receive any r...
Direct Taxes (including International Taxation) | By ALOK PATNIA | May 5, 2015
Where machines installed before the end of financial year to be used for trial run and not for production shall be eligible for claiming ...
Direct Taxes (including International Taxation) | By ALOK PATNIA | May 4, 2015
Gifts were distributed without deducting tax to employees on a bona fide believe that such gifts shall not form part of salary. Thus, suc...
News & FAQs | By ALOK PATNIA | May 1, 2015
The Finance Bill which was presented in the Lok Sabha on 28th February, 2015 has been passed by the Lok Sabha on 30th April, 2015. The bi...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | May 1, 2015
Company registration simplified-Now register in 48 hours in India!!! MCA is in its webcast announced the biggest ever viral news- Start y...
News & FAQs | By ALOK PATNIA | Apr 30, 2015
Professional Tax is charged on an income from salary subject to the slab or on earning from any profession. In India Professional Tax is ...
News & FAQs | By ALOK PATNIA | Apr 29, 2015
Notices demanding MAT payment by FIIs on capital gain may lead to a battle between Foreign Portfolio Investors (FPIs) and the Tax Departm...