News & FAQs

Cyprus is ready to renegotiate the tax treaty with India

It is to be noted that the Indian Government had recently invoked Section 94A by suspending tax benefits pact with Cyprus, talking a stri...

RBI instructs banks to issue TDS certificates within time to Customers

News & FAQs | By ALOK PATNIA | Nov 7, 2013

We often get to listen from our clients, that they have not received TDS certificate from the bank or the TDS deducted is not reflecting ...

Due date for filing of form 23C for appointment of cost auditor extended to 30th November 2013

Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Nov 6, 2013

The Ministry of Corporate Affairs has further relaxed Due date for filing of form 23C for appointment of cost auditor extended to 30th No...

Income Tax raid on Laddoo Walla fetches 1.05 crores in Gaya

News & FAQs | By ALOK PATNIA | Nov 6, 2013

This Diwali does not seems to be happy for everyone, Income Tax raid on Laddoo Walla fetches 1.05 crores in Gaya.  Income Tax sleuths t...

IT Department investigates on basis of a viral tweet

This is very interesting govt agencies all this while have opposed social media, but then suddenly  IT Department investigates on basis ...

Govt Invokes Section 94A by suspending tax benefits pact with Cyprus

The Govt Invokes Section 94A by suspending tax benefits pact with Cyprus, talking a stringent measure. With this section 94A attains a st...

IBM India slapped with Tax Notice of Rs. 5357 – Is it helping Indian Business Eco-System

IBM India slapped with Tax Notice of Rs. 5357 – Is it helping Indian Business Eco-System , there are too many too often tax notices...

Mumbai Tax Tribunal says Karan Johar and SRK companies' deal is fine

Many actors, including leading stars such as Shah Rukh Khan, Amitabh Bachchan and Aamir Khan, have set up their own production houses...

India Stands at 134th Position for ease of doing business in India – Read our views on this

News & FAQs | By ALOK PATNIA | Oct 30, 2013

India has slipped three positions to 134th spot in the latest ranking on ease of doing business in India , which is topped by Singapore...

Surprise Surprise, DTC to be introduced this winter session – Initial provisions disappointing

The Direct Taxes Code (DTC) Bill, which seeks to replace the archaic Income Tax Act, is likely to be placed in Parliament during the wint...

Inflation-linked savings scheme soon for small investors

News & FAQs | By ALOK PATNIA | Oct 29, 2013

The Reserve Bank of India plans to soon launch a 10-year savings instrument that will offer Inflation-linked savings scheme soon for...

RBI may increase interest rate to check price rise

News & FAQs | By ALOK PATNIA | Oct 28, 2013

Reserve Bank Governor Raghuram Rajan today hinted that RBI may increase interest rate to check price rise at the second quarter monet...

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