Direct Taxes (including International Taxation) | By ALOK PATNIA | May 26, 2011
Income from House property is computed by taking what is called Annual Value. From this, deduct Municipal Tax paid and you get the Net ...
Direct Taxes (including International Taxation) | By ALOK PATNIA | May 25, 2011
Filing of return is the constitutional duty of every individual as it earns the dignity of consciously contributing to the development of...
Direct Taxes (including International Taxation) | By ALOK PATNIA | May 25, 2011
Immense changes are taking place in the Indian Economy due to the massive structural, trade and industrial policy reforms which have crea...
Direct Taxes (including International Taxation) | By ALOK PATNIA | May 25, 2011
“Share Broker†is an agent that charges a fee or commission for executing buy and sells orders submitted by an investor. He sells or ...
Direct Taxes (including International Taxation) | By ALOK PATNIA | May 25, 2011
The term “Cost of Acquisition†plays an important role while computing the income under the head “Capital Gainâ€. It basically ref...
Direct Taxes (including International Taxation) | By ALOK PATNIA | May 25, 2011
Income from House property is computed by taking what is called Annual Value. From this, deduct Municipal Tax paid and you get the Net ...
Direct Taxes (including International Taxation) | By ALOK PATNIA | May 25, 2011
It is advisable to file your income tax return within due date even in case of loss otherwise the benefit of carry forward of loss will n...
Direct Taxes (including International Taxation) | By ALOK PATNIA | May 24, 2011
“Retrenchment†means termination by the employer of service of a work man for any reason other than as a punishment inflicted by a di...
Direct Taxes (including International Taxation) | By ALOK PATNIA | May 24, 2011
Perquisites are various non-wage compensations provided to employees in addition to their normal wages or salaries. These are the benefit...
Direct Taxes (including International Taxation) | By ALOK PATNIA | May 24, 2011
A capital gain is a profit that results from investments into a capital asset, such as stocks, bonds or real estate, which exceeds the pu...
Direct Taxes (including International Taxation) | By ALOK PATNIA | May 24, 2011
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 ...
Direct Taxes (including International Taxation) | By ALOK PATNIA | May 24, 2011
Today the capital market has assumed a very significant place in our country involving speculative transactions, derivative transactions,...