Direct Taxes (including International Taxation) | By ALOK PATNIA | Mar 12, 2015
If assets returned from lease, was again leased out, and it was recapitalized at nominal value at which it was decapitalised and similarl...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Mar 12, 2015
The High Court clarified in a recent case that the Keyman Insurance Premium paid by the partnership firm on the life of its two partners ...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Mar 10, 2015
“….Tom & Jerry Private limited, a start-up obtains $6M funding…RuralStep, a startup from so and so city, gets acquired by the so and ...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Mar 7, 2015
What happens when all directors of a company resign altogether? Imagine a super hit show. Prime time slot…top actors…award winning direct...
News & FAQs | By ALOK PATNIA | Mar 4, 2015
As now we have entered the month of March, the pressure has risen to a level to finalize/ close the books of accounts. We need to close o...
News & FAQs | By ALOK PATNIA | Mar 4, 2015
In a surprise move, the Reserve Bank of India (RBI) cut the repo rate by 0.25 basis points to 7.5% on Wednesday morning with immediate ef...
News & FAQs | By ALOK PATNIA | Mar 3, 2015
Good news for Indian Companies: this Budget provides royalty and technical services at a lower rate. The provision of Sec. 115A: Specif...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Mar 2, 2015
The Budget 2015 has the intention of the government to align the penal provisions as contained in the Excise and Service tax laws. The pe...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Mar 2, 2015
In Budget 2015-16, a clarification regarding deduction of tax under section 194C of Income Tax Act, 1961 (payments to transporters) was g...
News & FAQs | By ALOK PATNIA | Mar 2, 2015
Make in India, an initiative of the Government of India, to encourage companies to invest in the manufacturing sector in India. The major...
News & FAQs | By ALOK PATNIA | Feb 28, 2015
Jaitley announced various amendments in Service Tax. To know what amendments are incorporated in Service Tax in Budget 2015 read: Change ...
News & FAQs | By ALOK PATNIA | Feb 28, 2015
The Finance Minister highlighted the role of indirect tax in the context of promotion of domestic manufacturing and Make in India. Thus, ...