News & FAQs | By ALOK PATNIA | Jan 14, 2015
CBEC has moved towards reducing the paperwork for importer/exporter by issue of Circular No. 01/2015 dated 12th January, 2015. Through th...
News & FAQs | By ALOK PATNIA | Jan 14, 2015
The National Pension System (NPS) is a defined- contribution- based pension system launched by Government of India with effect from 1st J...
News & FAQs | By ALOK PATNIA | Jan 13, 2015
Smiling faces were seen when Finance Minister Arun Jaitley tabled his maiden Budget in Parliament on 10 July. Indeed, the Budget lived up...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Jan 13, 2015
Case: Recently in Elder IT Solutions Pvt Ltd. Vs. CIT (ITAT Mumbai), the Commissioner set aside the order of Assessing Officer (AO) and p...
News & FAQs | By ALOK PATNIA | Jan 12, 2015
Last three months of the F.Y 2014-15. It’s high time to plan our taxes and savings. More Savings at minimum cost yet one can be puzzled...
News & FAQs | By ALOK PATNIA | Jan 10, 2015
NITI Aayog welcomes the first Vice Chairman, Arvind Panagariya and other members appointed by Prime Minister Narendra Modi on Monday. Eco...
News & FAQs | By ALOK PATNIA | Jan 10, 2015
Over the years there have been several disputes between tax payers and Revenue Authorities on accounting policies adopted by tax payers f...
News & FAQs | By ALOK PATNIA | Jan 9, 2015
A friendly step towards the ‘Good Governance’. Prime Minister Narendra Modi has initiated that the Income Tax department will...
News & FAQs | By ALOK PATNIA | Jan 9, 2015
The Enforcement Directorate (ED) has unraveled a mega scam of fraudulent foreign remittances worth Rs 15,000 crore, involving a number of...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Jan 8, 2015
Recently High Court of Delhi in Commissioner of Income-tax-II v Jubilant Foodwork (P.) Ltd held that annual franchise fees paid at a fixe...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Jan 8, 2015
Recently High Court of Delhi in Commissioner of Income-tax-III v SBI Cards & Payment Services (P.) Ltd held that: In credit ca...
News & FAQs | By ALOK PATNIA | Jan 7, 2015
Before presenting Second Union Budget, finance minister Arun Jaitley held a pre-budget meet with industry and trade groups on Tuesday. Th...