Direct Taxes (including International Taxation) | By ALOK PATNIA | May 10, 2013
Income tax return is filed through ITR form which is based on the income earned by an assessee. Most individuals are confused about which...
Direct Taxes (including International Taxation) | By ALOK PATNIA | May 8, 2013
The Income-Tax Department is zeroing in on high net-worth individuals, and wants them to disclose the details of their assets in the coun...
Direct Taxes (including International Taxation) | By ALOK PATNIA | May 8, 2013
As the due date of annual returns of Limited Liability Partnerships is drawing to a close, designated partners of Limited Liability Partn...
Direct Taxes (including International Taxation) | By ALOK PATNIA | May 8, 2013
Income Tax returns filing has to be done in Income Tax Forms which is provided by the IT Department and applicable to assessee according ...
Direct Taxes (including International Taxation) | By ALOK PATNIA | May 7, 2013
The Income Tax Department has provided various Income Tax Forms for the assessees in order to file their return forms beneficially. The f...
Direct Taxes (including International Taxation) | By ALOK PATNIA | May 6, 2013
Income Tax department has specified the various income tax return forms like ITR-1, ITR-2, ITR-3, ITR-4, ITR-4S, ITR-5, ITR-6 and ITR-7 &...
Direct Taxes (including International Taxation) | By ALOK PATNIA | May 4, 2013
Mandatory Online Income Tax Return Filing (E-Filing) from AY 2013-14 ( FY 2012-13). Generally speaking, an assessee can file income tax r...
Direct Taxes (including International Taxation) | By ALOK PATNIA | May 3, 2013
Section 194LC, inserted by the Finance Act, 2012, provides for a concessional rate of withholding tax @ 5% on payments to NRI in a case w...
Direct Taxes (including International Taxation) | By ALOK PATNIA | May 3, 2013
TAN No not required for tds deduction on sale of immovable property. Section 194-IA was proposed to be inserted by the Finance Bill, 2013...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | May 2, 2013
Limited Liability Partnership should get their accounts audited annually, alike companies, as per the provisions provided under Limited L...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Apr 24, 2013
Due date for Form 11 (LLP Annual Compliance) is 31st May, 2013. Limited Liability Partnerships (LLPs) registered under the LLP Act, ar...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Apr 23, 2013
Income tax benefits on home loan can be divided in 2 components – Principal component in EMI Interest component in EMI The principa...