Direct Taxes (including International Taxation) | By ALOK PATNIA | May 22, 2013
File your tax returns before you get tax notice. The Income Tax Department, encouraged by the results of letters sent to non-filers of in...
Direct Taxes (including International Taxation) | By ALOK PATNIA | May 18, 2013
It is very important to know how hard the tax can hit an individual at the time of Income Tax Return Filing if they switch from one emplo...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | May 17, 2013
This is perhaps the most crisp content prepared by the Corporate Law Department of Team Taxmantra directly focused on penalty provisions ...
Direct Taxes (including International Taxation) | By ALOK PATNIA | May 17, 2013
It is very common nowadays to own more than one house property in the upper class of our society. So it’s very important to know the ta...
Direct Taxes (including International Taxation) | By ALOK PATNIA | May 16, 2013
This article would address the issue of tax benefit on home loan in case of pre and post possession of home. Planning to buy a new house...
Direct Taxes (including International Taxation) | By ALOK PATNIA | May 16, 2013
Claim tax benefit on home loan prepayment fee – Mumbai ITAT. A ruling by the Mumbai bench of the Income Tax Appellate Tribunal ...
Direct Taxes (including International Taxation) | By ALOK PATNIA | May 15, 2013
It is said that the only sure things are death and taxes, but even death doesn’t save a person from having to pay taxes. Taxpayers ...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | May 15, 2013
India, being the centre point in the domain of IT and ITES activities, has witnessed major inflow of finance and human resource from arou...
Direct Taxes (including International Taxation) | By ALOK PATNIA | May 14, 2013
As you are aware that dept had uploaded the unverified demand to CPC. The demand may not exist for various reasons such as demand paid. T...
Direct Taxes (including International Taxation) | By ALOK PATNIA | May 14, 2013
CBDT requires employers to issue Form16 using the TRACES portal for FY 2012-13 (AY 2013-14) . At this time of the year, the quarterly ...
Direct Taxes (including International Taxation) | By ALOK PATNIA | May 14, 2013
Non-resident individual in general or a non-resident Indian (NRI) particularly, pays less income tax in India on his income as per the In...
Direct Taxes (including International Taxation) | By ALOK PATNIA | May 10, 2013
For Presumptive Business Income an assessee needs to file his return using ITR-4S Form (commonly known as SUGAM). Who can use the ITR-4S ...