Direct Taxes (including International Taxation) | By ALOK PATNIA | Jan 17, 2014
DTAA prevails over the Income Tax Act Where non-resident legal service provider had no PE in India and he stayed in India only for 22 day...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Jan 17, 2014
Benefits of Joint ownership of loan and property The beginning of a year is very crucial for tax payers! During this time not only do the...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Jan 16, 2014
When can you receive a notice from the Income Tax Department? By now you would have probably received a notification email from your comp...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Jan 15, 2014
What is defective Income Tax Return and their Consequences? After we file the ITR with the Income Tax department, the department before p...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Jan 14, 2014
Do you need to pay Tax on Gifts received? We all receive gifts from our parents and relatives, but the question is what are the tax impli...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Jan 13, 2014
Section 245 – Wrongful adjustment of refund from earlier demands without intimating to the assessee. We have been recently receiving a ...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Jan 13, 2014
Exemption from capital gains on sale/transfer of residential house property – Section 54 At the time of sale of any long term capit...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Jan 10, 2014
Creation, Depreciation and Taxability of Goodwill As of now many people are confused regarding the concept of goodwill. Even some profess...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Jan 9, 2014
We generally think of the big income we earn and often forget the small incomes which should also be included while filing their IT retur...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Jan 8, 2014
Conversion of Partnership to Company People who initially started their businesses as partnership firms or sole proprietors should conver...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Jan 8, 2014
After all the problems in the form of thousands of taxes faced by the taxpayers, in the budget of 2013, a minute relief against income ta...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Jan 6, 2014
Software taxation still hangs fire Evolving continually since the early 20th century, Indian Copyright law brought computer software with...