Direct Taxes (including International Taxation) | By ALOK PATNIA | Mar 23, 2011
Owning a house has always been a matter of pride. The loan taken for the property brings add-on benefits to the owners. Â On the one hand...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Mar 22, 2011
The entrance of one new member in the family brings the most pleasant gift to everyone in the family but in addition to above it also bri...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Mar 19, 2011
Form 16 or the salary certificate is issued by the employer for each of the financial year (April to March). Form 16 or the salary certif...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Mar 10, 2011
Investment is based on financial portfolio and needs of the individual. One should keep in mind the following factors before making inv...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Mar 9, 2011
March year end is almost here and Individuals who have not yet filed their return of income/ income tax returns for financial year 2009-1...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Mar 4, 2011
The most common grievance of taxpayers is late or non receipt of income tax refunds. Whether it’s the Income Tax Department’s letharg...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Mar 4, 2011
Every Individual and HUF has an option to claim deduction under section 80C upto Rs. 100,000 for making payment towards specified investm...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Mar 3, 2011
Efficient tax planning and awareness can help an Individual on saving taxes on income earned on Capital Gains. On the other hand, imprope...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Mar 3, 2011
A home loan facility provides many tax benefits to the individual assessee under the Income Tax Act, 1961 (“the actâ€). They can avail...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Mar 2, 2011
In continuation of the last write-up on the subject, here are other options which can be applied to reduce taxes on Salary. I – If ...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Mar 2, 2011
The way structuring of salary is done determines the total tax outgo in case of an Individual. Even though there is no hard and fast meth...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Mar 1, 2011
Receipts received may be either of capital nature or revenue nature. While calculating the income of person only receipts of revenue natu...