News & FAQs

The Side Effects of Funding

News & FAQs | By ALOK PATNIA | Mar 3, 2014

The Side Effects of Funding Yes, getting VC investment is a big deal, especially in a market like India where venture money is still chas...

How to stay protected from needless taxes, penalties and prosecution

News & FAQs | By ALOK PATNIA | Feb 25, 2014

How to stay protected from needless taxes, penalties and prosecution While starting up, businesses find it difficult to focus on issues r...

Tax department pursues non filers of IT Return vigorously

News & FAQs | By ALOK PATNIA | Feb 22, 2014

Tax department pursues non filers of IT Return vigorously The Income Tax Department had initiated a business intelligence project in Febr...

Prohibition on use of specified words in the name of registered entities

News & FAQs | By ALOK PATNIA | Feb 19, 2014

Prohibition on use of specified words in the name of registered entities Putting an end to some confusions with regard to names the use o...

A budget from which the common man is virtually unaffected

News & FAQs | By ALOK PATNIA | Feb 18, 2014

A budget from which the common man is virtually unaffected The Honorable Finance Ministry presented the “interim budget” budget for t...

SEBI proposed to enhance the limit under section 80C to 2 lakhs

News & FAQs | By ALOK PATNIA | Feb 14, 2014

SEBI proposed to enhance the limit under section 80C to 2 lakhs For the mobilization of household savings and the growth of the economy S...

Extension of time limit for posting ITR-V by CBDT

Some good news for people waiting for their tax refund for the past 4 years – Extension of time limit for posting ITR-V by CBDT ITR...

You may go to jail for not filing IT Return even after IT Notice

You may go to jail for not filing IT Return even after IT Notice A taxpayer can file the I-T returns by the end of the fiscal year in whi...

Illegality of Insider Trading

Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Feb 3, 2014

Illegality of Insider Trading Knowing a bit more than my neighbor, having a sneak peek into the impending exam questions (owing to a bett...

J Jayalalithaa to face trial for not filling IT-Return 20 years back

News & FAQs | By ALOK PATNIA | Feb 1, 2014

J Jayalalithaa to face trial for not filling IT-Return 20 years back Tamil Nadu Chief Minister J Jayalalithaa will stand trial in her hom...

The Game Changer put on Hold!

News & FAQs | By ALOK PATNIA | Jan 31, 2014

The Game Changer put on Hold! CBDT on the 24th of January issued an order stating a change in the PAN Card application procedure. People ...

"Google says it does not earn revenue in India" do you believe it?

News & FAQs | By ALOK PATNIA | Jan 31, 2014

American multinational Google Inc yesterday submitted to Delhi High Court that it is not liable to pay any taxes in India for its interne...

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