GST & Other Indirect Taxes | By ALOK PATNIA | Feb 4, 2012
Every service provider becomes eligible for registration when the total amount of taxable service in a year exceeds Rs.9lakhs. When to ap...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Feb 3, 2012
Government has not specified any specific retirement plans and benefits, it’s on our part to take full benefits of the different provis...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Feb 3, 2012
A Non Resident Individual (NRI) is entitled to all the deductions / exemptions that are available to a resident under the head “Capital...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Feb 2, 2012
It is important to note that, other than investments, certain expenses which one incurr for purchase of house property can also help to g...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Feb 2, 2012
Deduction with respect to donations to certain specified funds, charitable institutions, etc is allowable to any taxpayer (individual, co...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Feb 2, 2012
Individuals generally have this conception that when the provisions of getting books audited u /s 44AB are attracted then they are requir...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Feb 1, 2012
We have noted from our experience that taxpayers are mostly confused about the fact when to revise return or when to file rectification. ...
GST & Other Indirect Taxes | By ALOK PATNIA | Feb 1, 2012
When Refund of Service Tax can be claimed If service tax is paid in excess of the actual liability, assessee is required to claim refund ...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Feb 1, 2012
Transfer of assets and liabilities on conversion of a Private Limited Company into a Limited Liability Partnership (LLP) does not attract...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Feb 1, 2012
Assessee covered: The patentee should be an individual resident ofIndia(non – residents not covered). Conditions to be fulfilled: Deduc...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Jan 31, 2012
Updated as on 24th 2014 Relief under section 89 is allowable to mitigate the extra tax burden that arises due to receipt of any sum, bein...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Jan 31, 2012
Partners of Limited Liability Partnership (LLP) are not liable for the individual act of other partners, which protects the interest of i...
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