Direct Taxes (including International Taxation) | By ALOK PATNIA | Dec 19, 2012
“Salary†is the remuneration received by or accruing to an individual, periodically, for service rendered as a result of an express o...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Dec 18, 2012
First Board Meeting should be held within 30 days from the date of incorporation of the company. There should be at least four Board Meet...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Dec 17, 2012
1.  Can same person be a Director as well as Shareholder of the Company? Shareholders and directors have two completely different role...
News & FAQs | By ALOK PATNIA | Dec 8, 2012
TAN Number is abbreviated as tax deduction and collection account number. As per the Income Tax Act, 1961, all assessee who are liable to...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Dec 6, 2012
Under the Companies Act, 1956 maintenance of books of accounts is mandatory for every class of companies. Section 209 of the Companies Ac...
GST & Other Indirect Taxes | By ALOK PATNIA | Dec 4, 2012
Levy of Service Tax on Railway Passengers Travelling in AC Classes/First Class from 1-10-2012 The Ministry of Railways has made partial m...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Dec 4, 2012
Minimum Authorized Share Capital for Special Words – 5 lacs – If the words Hindustan, India, Bharat used in the name with or ...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Nov 20, 2012
1. How many partners are required to form an LLP? A minimum of two partners are required to form an LLP. There is no maximum limit on num...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Nov 8, 2012
1.  Does DIN need to be renewed? Ans: DIN stands for Director’s Identification Number which is allotted to an individual who is an e...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Nov 8, 2012
If an individual transfers any long term capital asset and plans to reinvest the sale proceeds in a new residential house property then h...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Nov 7, 2012
In super-session of all the previous circulars and instructions issued by Ministry of Corporate Affairs from time to time regarding nam...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Nov 6, 2012
Non-Filing of Form 8 (Statement of Accounts & Solvency) and Form 11 (Annual Return) after the specified due dates attracts additional...