Direct Taxes (including International Taxation) | By ALOK PATNIA | Aug 21, 2015
Who all need to file Income Tax Return by 31st August 2015 Still in dilemma whether you are require to file your return by 31st August ...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Aug 20, 2015
Taxability of NRI and deductions available Just few days left to file your return within due date (31st August 2015). Among all taxpaye...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Aug 17, 2015
Interest on FDR if considered as business income shall be included for computing remuneration A partnership firm earning additiona...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Aug 13, 2015
Easy business registration in Singapore with Taxmantra Going global is the next big thing which every startup thinks about. High tech S...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Aug 12, 2015
Rental income from occasional let out is not business income even if mentioned in object clause The High Court in a case clarified...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Aug 7, 2015
If you ignore small compliances, investors may ignore you Startups and funding, moves simultaneously. With the growth of startups, rounds...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Aug 7, 2015
Refund allowed irrespective of date of application if service tax wrongly paid The Court held that if any service tax paid which is wrong...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Aug 5, 2015
Section 80E covers interest on loan for higher studies in abroad The Tribunal clarified that interest on loan for higher education shall ...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Aug 4, 2015
Penalty not to be levied if tax not deducted by relying on certificate issued by CA In Commissioner of Income Tax vs. Filtrex Technologie...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Jul 30, 2015
Things to note to avoid notice from Department With the Income Tax Department becoming net savvy and going online, it has become very eas...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Jul 29, 2015
The rent received from any property whether commercial or residential is taxable as Income from House Property. Certain deductions are al...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Jul 28, 2015
For FY 2014-15, due date for filing return is 31st August 2015. Income tax department assesses all income tax returns filed online. After...