News & FAQs | By ALOK PATNIA | Apr 30, 2013
Your Income Tax Return May Ask You To Disclose All Assets. Many high-networth individuals (HNIs) have not been declaring all their assets...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Apr 29, 2013
Our experience with queries and questionnaires of start up entrepreneurs and promoters has been one of a kind. In this write up, we inten...
News & FAQs | By ALOK PATNIA | Apr 24, 2013
As per ITATONLINE.ORG – A search was conducted at the premises of the assessee during which cash of Rs. 25 lakhs was seized. The as...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Apr 24, 2013
Due date for Form 11 (LLP Annual Compliance) is 31st May, 2013. Limited Liability Partnerships (LLPs) registered under the LLP Act, ar...
News & FAQs | By ALOK PATNIA | Apr 24, 2013
As Reported by the Economic Times of India: Disasters, natural or manmade, often serve as a rude reminder about buying insurance covers. ...
GST & Other Indirect Taxes | By ALOK PATNIA | Apr 23, 2013
SECTION 70 OF THE FINANCE ACT, 1994, READ WITH RULE 7 OF THE SERVICE TAX RULES, 1994 – FURNISHING OF RETURNS – DUE DATE FOR SUBMI...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Apr 23, 2013
Income tax benefits on home loan can be divided in 2 components – Principal component in EMI Interest component in EMI The principa...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Apr 23, 2013
Companies usually follow a financial year of April – March or January- December, decided either by the directors in the first board mee...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Apr 23, 2013
As Reported by the Economic Times of India: In the last few months, several taxpayers have received notices from the I-T Department reg...
News & FAQs | By ALOK PATNIA | Apr 22, 2013
Tax Returns filed without payment of full taxes to be treated as defective return.  The existing provisions contained in sub-section (...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Apr 22, 2013
The Slab of Income Tax Rates for FY 2012-13 (AY 2013-14) is to some extent different from that of slab of FY 11-12 (AY 2012-13). In the B...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Apr 21, 2013
The Indian government plans to regulate all foreign companies and businesses who have operations in the country through online and electr...
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