Direct Taxes (including International Taxation) | By ALOK PATNIA | Mar 10, 2014
The High Court of Mumbai on 3rd March 2014 ruled in favor of the assessee, and allowed the investment of borrowed funds in Indian company...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Mar 8, 2014
On selling of a capital asset one needs to pay taxes on it under the head ‘capital gains’. However, indexation benefit is entitled th...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Mar 7, 2014
An NRI can rent out property that he owns in India. The rent proceeds can be credited to the NRE or NRO account. Rent proceeds received i...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Mar 7, 2014
The answer is very simple, and depends on how many days you spend out of India. The entire question arises only when it comes to tax paym...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Mar 5, 2014
Globalization brought a wave in the educated Indian workforce as more and more MNCs venture in our country offering jobs to professionals...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Mar 5, 2014
Restriction on Contribution to political party Companies Act 2013 Politics in India goes hand in hand with business, and business men are...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Mar 4, 2014
Grant of extended time limit for assessment order only if AO can produce additional data The general time give to the assessing officer t...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Mar 4, 2014
Frequency of share transaction does not determine the Head of Income Given a particular situation there are a some disputes even among th...
News & FAQs | By ALOK PATNIA | Mar 3, 2014
The Side Effects of Funding Yes, getting VC investment is a big deal, especially in a market like India where venture money is still chas...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Mar 3, 2014
Awaiting your refund for the last year? Don’t make the same mistake again Salary cheque for February looks like it has been on a cr...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Mar 3, 2014
A brief overview on the mandated – New CSR policy India is the first country to mandate expenditure on CSR activities through a sta...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Feb 28, 2014
Rebate under section 87A – a general overview A new section by Finance bill 2013 has been introduced for Income Tax Deduction of Rs...
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