customersuccess@taxmantra.com
+91 9230033070 
Toll Free: 
Contact Us
Direct Taxes (including International Taxation)
Scope of exemption for Capital Gains is not limited to acquisition of one house
Direct Taxes (including International Taxation) | By ALOK PATNIA | Mar 12, 2014
Scope of section 54 is not limited to acquisition of one house only. The High Court of Karnataka allowed the exemption for capital gains ...
Mumbai high court says High End Companies in ITES sector comparable to Low End ones
Direct Taxes (including International Taxation) | By ALOK PATNIA | Mar 12, 2014
The Mumbai bench Companies in ITES cannot be classified into low-end BPO services and high-end KPO services for comparability analysis bu...
Why is 31st March so crucial for Taxes ?
Direct Taxes (including International Taxation) | By ALOK PATNIA | Mar 11, 2014
Each time at the end of a Financial Year the management of companies and other businesses are very stressed with the closing of the books...
Period of existence of two offices cannot be clubbed for determining the existence of PE
Direct Taxes (including International Taxation) | By ALOK PATNIA | Mar 10, 2014
The Income Tax Appellate Tribunal of Delhi ruled in favor of the assessee for the dispute in regard to existence of a permanent establish...
Expenses allowed as deduction even if income is exempt from taxes
Direct Taxes (including International Taxation) | By ALOK PATNIA | Mar 10, 2014
The High Court of Mumbai on 3rd March 2014 ruled in favor of the assessee, and allowed the investment of borrowed funds in Indian company...
Indexation can be a way to minimize taxes
Direct Taxes (including International Taxation) | By ALOK PATNIA | Mar 8, 2014
On selling of a capital asset one needs to pay taxes on it under the head ‘capital gains’. However, indexation benefit is entitled th...
Renting properties by NRI in India
Direct Taxes (including International Taxation) | By ALOK PATNIA | Mar 7, 2014
An NRI can rent out property that he owns in India. The rent proceeds can be credited to the NRE or NRO account. Rent proceeds received i...
How to determine your residential status?
Direct Taxes (including International Taxation) | By ALOK PATNIA | Mar 7, 2014
The answer is very simple, and depends on how many days you spend out of India. The entire question arises only when it comes to tax paym...
Confused about the place of taxation for your income?
Direct Taxes (including International Taxation) | By ALOK PATNIA | Mar 5, 2014
Globalization brought a wave in the educated Indian workforce as more and more MNCs venture in our country offering jobs to professionals...
Grant of extended time limit for assessment order only if AO can produce additional data
Direct Taxes (including International Taxation) | By ALOK PATNIA | Mar 4, 2014
Grant of extended time limit for assessment order only if AO can produce additional data The general time give to the assessing officer t...
Frequency of share transaction does not determine the Head of Income
Direct Taxes (including International Taxation) | By ALOK PATNIA | Mar 4, 2014
Frequency of share transaction does not determine the Head of Income Given a particular situation there are a some disputes even among th...
Awaiting your refund for the last year? Don't make the same mistake again
Direct Taxes (including International Taxation) | By ALOK PATNIA | Mar 3, 2014
Awaiting your refund for the last year? Don’t make the same mistake again Salary cheque for February looks like it has been on a cr...
Download Ebook
