Tax Planning with deductions under section 80C of the Income-tax Act

This article would enable us to understand us ways of tax planning with deductions under section 80C of the Income Tax Act. Introduction ...

Direct taxes code bill will get delayed

News & FAQs | By ALOK PATNIA | Apr 18, 2013

The Direct Taxes Code bill will get delayed and  is not likely to be tabled in the Budget session of Parliament as alimited fiscal space...

Does Anybody In The Govt. Care For The Welfare Of The Income-tax Tribunal?

This is another classic example of how this central government is still counting days and not working there, total non-operational era. T...

Foreign Contribution and its regulations

Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Apr 18, 2013

What is foreign contribution? Foreign Contribution and its regulations as regulated by of FCRA, 2010, “foreign contribution” ...

Nokia slapped with Rs 2000cr notice for tax evasion

Nokia slapped with Rs 2000cr notice for tax evasion by the Income Tax department on Finnish mobile firm Nokia for alleged tax violation. ...

Articles of Association of a company and its importance

Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Apr 17, 2013

What is Articles of Association (AOA) – Section 2(2) of the Companies Act, 1956 defines the term ‘articles’ as the arti...

Common Reasons for Rejection of Name – Company/ LLP registration

Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Apr 17, 2013

One of the most crucial issues that has arisen with the name approval segment, especially for new companies who has already been running ...

All About Rajiv Gandhi Equity Savings Scheme

I.  Objectives and legal aspects of RGESS 1. What is RGESS Rajiv Gandhi Equity Savings Scheme (RGESS), is a tax saving scheme announced ...

IT dept to 'name and shame' habitual tax evaders

News & FAQs | By ALOK PATNIA | Apr 15, 2013

The Income Tax department has decided to name and shame chronic tax defaulters by publicising their names and addresses. It is in the...

Online Income Tax Return Filing Mandatory for Income above 5Lacs

A senior Finance Ministry official clarified that online Income Tax Return Filing Mandatory for Income above 5Lacs. Simply put, taxpayers...

Alteration of Memorandum of Association

Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Apr 6, 2013

As per Section 16 of the Companies Act 1956 Alteration of Memorandum of Association should be as below: (1) The Alteration of Memorandum ...

Annual General Meeting can be held on Sunday

Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Apr 6, 2013

As per new circular of MCA vide letter no. 8/5(1669/65-pr dated 21-1-1963, Annual General Meeting can be held on Sunday in certain cases ...

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