ALOK PATNIA – Page 204 – Advisory, Tax and Regulatory Compliance in India, Singapore and USA

How to Convert Partnership Firms into LLPs?

Corporate Law & Intellectual Property Rights | By ALOK PATNIA | May 12, 2012

To convert partnership firm into limited liability partnership (LLP) one needs to comply with various requirements. The procedure for con...

Bipa does not cover Taxation Issues

News & FAQs | By ALOK PATNIA | May 12, 2012

International taxation issues didnâ€™t come under the Bilateral Investment Promotion and Protection Agreement i.e., Bipa between India an...

No disallowance u/s 40(a)(ia) resultant of 194C default, if TDS paid before ROI due date

Direct Taxes (including International Taxation) | By ALOK PATNIA | May 11, 2012

ACIT vs. Shri M.K. Gurumurthy (ITAT Bangalore) The assessee made payments to contractors from April 2007 to February 2008 for AY 2008-09....

Holding tax rates of Dhanbad Municipal Corporation may be reviewed

News & FAQs | By ALOK PATNIA | May 11, 2012

Holding tax rates fixed years ago of Dhanbad municipal corporation (DMC) may be reviewed, hinted by the Dhanbad town administrator. As pe...

Procedure for Registration of Service Tax

GST & Other Indirect Taxes | By ALOK PATNIA | May 11, 2012

Service tax is the tax paid on the services being rendered by the assessee. Every person liable to pay service tax is required to registe...

Whether Interior Decorator Services Is Taxable or Not?

GST & Other Indirect Taxes | By ALOK PATNIA | May 11, 2012

Interior Decorator means any person engaged, with directly or indirectly, in the business of providing by way of advise, consultancy, tec...

Procedure for change of name in LLP

Corporate Law & Intellectual Property Rights | By ALOK PATNIA | May 11, 2012

Limited Liability Partnership is governed by the Limited Liability Partnership Act, 2008. Every LLP as we know is required to have some n...

New Scheme promoted by Government for Indians working abroad

News & FAQs | By ALOK PATNIA | May 11, 2012

Government is taking good initiative for the poor Indians working abroad. The Government of Indian is promoting a new scheme known as PIL...

Is Event Management Services Under Service Tax Taxable?

GST & Other Indirect Taxes | By ALOK PATNIA | May 10, 2012

Event management means any service provided in relation to planning, promotion, organizing or presentation of any arts, entertainment, bu...

Vodafone not the only target – the hunt has just begun for taxmen

News & FAQs | By ALOK PATNIA | May 10, 2012

The income-tax authorities will pursue all targeted cases that concern overseas transactionsÂ involving Indian assets, said a senior fina...

Gain from shares invested out of Borrowed Funds assessed as STCG & not business profits

Direct Taxes (including International Taxation) | By ALOK PATNIA | May 10, 2012

Narendra Gehlaut vs. JCIT (ITAT Delhi) Gains from shares earned by the assessee out of which Rs. 7.61 crores was from delivery-based tran...

Interest u/s 234C for deferment in payment of advance tax