Direct Taxes (including International Taxation) | By ALOK PATNIA | May 16, 2012
Common people are confused over the issues relating to return filing. Their main concern is regarding the exempted limit of return filing...
Direct Taxes (including International Taxation) | By ALOK PATNIA | May 16, 2012
Penalty on Undisclosed Income Found during Search Section- 271AAB. This major amendment proposed in the penal provisions under the Direct...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | May 16, 2012
A director is a person connected with the overall development of a Company. It is he who is responsible for promotion and enhancement of ...
Direct Taxes (including International Taxation) | By ALOK PATNIA | May 16, 2012
In Indian Income tax provisions, the rule of exemption & taxability of salary totally lies if the relationship of employer-employee e...
News & FAQs | By ALOK PATNIA | May 16, 2012
Income tax department can now pursue cases in six year window. Cases of companies entering into Vodafone-like transactions could be pursu...
Direct Taxes (including International Taxation) | By ALOK PATNIA | May 15, 2012
TDS Certificate – A tax deductor is also required to issue TDS certificate to the deductee within specified timed under section 203 of ...
Direct Taxes (including International Taxation) | By ALOK PATNIA | May 15, 2012
If the deductor fails to deduct tax at source or fails to pay tax after deduction or made default while filing returns then he would be l...
Direct Taxes (including International Taxation) | By ALOK PATNIA | May 15, 2012
TDS or best known Tax Deducted at Source is one of the modes of collecting Income-tax from the assessees in India. It is to be noted that...
News & FAQs | By ALOK PATNIA | May 15, 2012
In the monsoon session, the Direct Taxes Code (DTC) Bill, which seeks to overhaul the 50 year-old Income tax laws, will be brought in and...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | May 15, 2012
Tax is a wide term which covers many aspects within its ambit. Every assessee, be it a sole proprietor, company, firm or a LLP is require...
Direct Taxes (including International Taxation) | By ALOK PATNIA | May 15, 2012
TDS – an ever-ending bridge of irritation is nothing but tax deducted at source i.e. pre-payment of tax to the government. Suppose,...
News & FAQs | By ALOK PATNIA | May 15, 2012
Cases against more than 20 members of the Income Tax Appellate Tribunal (ITAT) are going to be registered by the Central Bureau of Invest...