Direct Taxes (including International Taxation) | By ALOK PATNIA | Nov 11, 2013
It is to be noted that the Indian Government had recently invoked Section 94A by suspending tax benefits pact with Cyprus, talking a stri...
News & FAQs | By ALOK PATNIA | Nov 7, 2013
We often get to listen from our clients, that they have not received TDS certificate from the bank or the TDS deducted is not reflecting ...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Nov 6, 2013
The Ministry of Corporate Affairs has further relaxed Due date for filing of form 23C for appointment of cost auditor extended to 30th No...
News & FAQs | By ALOK PATNIA | Nov 6, 2013
This Diwali does not seems to be happy for everyone, Income Tax raid on Laddoo Walla fetches 1.05 crores in Gaya. Income Tax sleuths t...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Nov 6, 2013
This is very interesting govt agencies all this while have opposed social media, but then suddenly IT Department investigates on basis ...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Nov 4, 2013
Mumbai Tax Tribunal says Loss on forex forward contracts is incidental to the exports business and not speculation loss, explaining full ...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Nov 2, 2013
The Govt Invokes Section 94A by suspending tax benefits pact with Cyprus, talking a stringent measure. With this section 94A attains a st...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Nov 2, 2013
IBM India slapped with Tax Notice of Rs. 5357 – Is it helping Indian Business Eco-System , there are too many too often tax notices...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Nov 2, 2013
In a recent case of VSNL Broad Band Ltd, Mumbai Tax Tribunal was required to consider the issue that - Is tax to be withheld on annua...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Oct 31, 2013
Now this is quite weird! If the A.O. rejects the books of account and make the addition on estimate basis mainly for the reason that duri...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Oct 31, 2013
Many actors, including leading stars such as Shah Rukh Khan, Amitabh Bachchan and Aamir Khan, have set up their own production houses...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Oct 31, 2013
In a recent case of Additional Director of Income-tax (IT) v. Mark & Spencer Reliance India (P.) Ltd, an assessee entered into an agr...