Direct Taxes (including International Taxation) | By ALOK PATNIA | Apr 23, 2013
As Reported by the Economic Times of India: In the last few months, several taxpayers have received notices from the I-T Department reg...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Apr 22, 2013
The Slab of Income Tax Rates for FY 2012-13 (AY 2013-14) is to some extent different from that of slab of FY 11-12 (AY 2012-13). In the B...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Apr 20, 2013
This article would enable us to understand us ways of tax planning with deductions under section 80C of the Income Tax Act. Introduction ...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Apr 18, 2013
This is another classic example of how this central government is still counting days and not working there, total non-operational era. T...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Apr 18, 2013
What is foreign contribution? Foreign Contribution and its regulations as regulated by of FCRA, 2010, “foreign contribution” ...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Apr 17, 2013
Nokia slapped with Rs 2000cr notice for tax evasion by the Income Tax department on Finnish mobile firm Nokia for alleged tax violation. ...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Apr 15, 2013
I. Objectives and legal aspects of RGESS 1. What is RGESS Rajiv Gandhi Equity Savings Scheme (RGESS), is a tax saving scheme announced ...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Apr 15, 2013
A senior Finance Ministry official clarified that online Income Tax Return Filing Mandatory for Income above 5Lacs. Simply put, taxpayers...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Apr 1, 2013
Financial Year of an LLP, means the period from 1st April of a year to the 31st March of the following year. However, in case of LLP inco...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Mar 15, 2013
In an attempt to address the fiscal deficit and increase revenue collection, among other things, the finance minister has said that 1% ta...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Mar 11, 2013
As per the Economic Times of India: In the Union Budget 2013-14, the Finance Minister has hiked taxes on royalty payments to NRI from 10 ...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Mar 5, 2013
In case of NRI (Non-Residents of India), TDS i.e; tax deduction at source is explained as per sec 195  which says  any person respons...