Direct Taxes (including International Taxation) | By ALOK PATNIA | Apr 21, 2012
ACG Associated Capsules Pvt. Ltd vs. CIT (Supreme Court)Â The AO & CIT (A) computed s. 80HHC deduction by deducting 90% of the gross...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Apr 21, 2012
Income tax return is required to be filed by Firms, AOPs and companies too. Income Tax Department has notified separate Income Tax Retu...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Apr 21, 2012
The taxable value of the perquisite will be calculated in case of provision of concessional / free educational facilities for any member ...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Apr 20, 2012
The term services includes a declared services, it becomes essential to understand the meaning and philosophy of the term declared servic...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Apr 20, 2012
Tulip Hotels Pvt. Ltd vs. DCIT (ITAT Mumbai Special Bench) The Tribunal had to consider whether certain amounts could be assessed as cash...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Apr 20, 2012
Taxpayers scramble to file income tax return only when the due date approaches which leads to incorrect claims, filing return etc. Financ...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Apr 20, 2012
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 | Apr 20, 2012
Top Five Ways to Save Taxes on Salary Income This infographics would discuss about best ways to save taxes on salary income by doing prop...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Apr 19, 2012
CIT vs. Hariprasad Bhojnagarwala (Gujarat High Court – Full Bench) The assessee, a Hindu Undivided Family (HUF), claimed deduction u/s ...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Apr 19, 2012
     Deduction & Allowances                     Under the IT Act     FOR THE ASSESSMENT YEAR 2012 ...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Apr 19, 2012
Tax Filing is approaching sooner & faster in the same manner as gravity rapidly attracts everything towards its centre. Filing Income...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Apr 18, 2012
A person is living in a house and paying rent for the same. If he gets House Rent Allowance (HRA) then he gets exemption u/s 10(13A). But...