News & FAQs

Income Tax department keeping an eye on Narendra Modi's rally

News & FAQs | By ALOK PATNIA | Oct 26, 2013

The Income tax department’s TDS (tax deduction at source) section served notice on the Bharatiya Janata Party’s (BJP) state u...

CBDT has accepted to extend the due date for filing returns and tax audit report for the assessme...

News & FAQs | By ALOK PATNIA | Oct 24, 2013

Finally, CBDT has accepted to extend the due date for filing returns and tax audit report for the assessment year 2013-14 to 31st October...

Service tax applicability on food served by companies in canteen

News & FAQs | By ALOK PATNIA | Oct 24, 2013

Services provided by canteens not having air-conditioning or central air-heating at any time during the year, are already exempt under En...

Big companies does not want tax reforms – OECD Suggests

Big companies have pushed back against an international drive to crack down on corporate tax avoidance, documents published by the body c...

CBDT Directive Regarding Defective Returns For AY 2013-14

The Directorate of Income-tax (Systems) has issued a letter dated 22.10.2013 stating that about 1.46 lakh returns have been submitted for...

Income Tax exemption limit may be raised in the next Budget 2014

The current government would present its last budget in the month of February 2014, and may raise the basic exemption limit for individua...

HRA exemption comes under the scanner of IT Department

CBDT, the governing body for direct taxes in India issued a circular last week, which suggests that  salaried taxpayers who claim HRAex...

Income Tax dept may begin probe ministers – ET Reports

News & FAQs | By ALOK PATNIA | Oct 22, 2013

Economic times reports that the Income Tax department may start an inquiry into alleged discrepancies in filing of tax returns of some o...

Now Startups and SMEs can list on stock exchange without an IPO – SEBI Amends rules

Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Oct 11, 2013

Now Startups and SMEs can list on stock exchange without an IPO – SEBI Amends rules for start-ups and small and medium enterprises ...

Taxmantra.com Launches Free Tax and Regulatory Counseling for Startups

News & FAQs | By ALOK PATNIA | Sep 26, 2013

Taxmantra.com, has come up with a never before introduced free counseling  between 3rd October 2013 to 9th October 2013 in Bangalore, wh...

Appointment of a woman director is now mandatory for listed companies

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

In the present world of globalization and increasing competition in the corporate world, the need for gender diversity in the boardrooms ...

Highlights to Companies Bill 2013

Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Sep 4, 2013

The new Companies Bill 2013 has received the assent of president, on 29th August, 2013 and will be effective from 1st of April,2013. The ...

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