Direct Taxes (including International Taxation) | By ALOK PATNIA | Jun 21, 2012
NRIs (Non Resident Indians) are always bothered about the type of accounts they should open for depositing their funds or incomes. NRIs c...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Jun 20, 2012
Again it is that time of the year when all your income for the current financial year is in and you need to file your income tax returns....
News & FAQs | By ALOK PATNIA | Jun 19, 2012
TAN is Tax Deduction Account Number which needs to be issued to individuals who are required to deduct tax on payments made by them under...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Jun 19, 2012
A Kowsalya Bai vs. UOI (Karnataka High Court) As reported by ITAT.ORG: The assessee, whose income was below taxable limit, filed F...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Jun 16, 2012
Tax is something which can be either paid by the individual himself or by his/her employer in the form of TDS (Tax Deducted at Source). S...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Jun 16, 2012
Form 16 is a Certificate of salary earned by the employee which contains all the details regarding salary income and tax deducted at sour...
News & FAQs | By ALOK PATNIA | Jun 15, 2012
Previously, for incorporating an LLP or any other services related to LLP one needs to visit www.llp.gov.in . But nowadays a new amendmen...
News & FAQs | By ALOK PATNIA | Jun 15, 2012
As reported by The Economic Times: National Highway Authority of India could become the first issuer of tax free bonds this year, market ...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Jun 15, 2012
Every assessee whether Salaried Individual or other non-audit tax-payers should prefer filing their income tax return online in order ...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Jun 14, 2012
The Special Bench had to consider two issues: (i) given that a firm pays tax on its profits, whether the share of profit received by a pa...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Jun 14, 2012
A new column has been inserted in the new ITR Forms by the Government for FY 2012- 13 in order to curb the black money held by Indians in...
News & FAQs | By ALOK PATNIA | Jun 14, 2012
As reported by The Economic Times: Foreign companies are liable to be taxed for the income generated from their Indian subsidiaries, acco...