News & FAQs | By ALOK PATNIA | Apr 4, 2012
Proposed budget has laid various positive and negative impacts on the income of the professionals. We will provide you with the changes i...
News & FAQs | By ALOK PATNIA | Apr 4, 2012
Budget 2012, proposed by our Finance Minister will have impact on senior citizen also, but the most of the impacts are positive for them....
News & FAQs | By ALOK PATNIA | Mar 31, 2012
Section 115U provides that income, in the hands of the investor through VCF / VCC is taxed in like manner and to the same extent as if th...
News & FAQs | By ALOK PATNIA | Mar 31, 2012
This article brings into spotlight the benefits endowed upon HUFs via Budget 2012 proposals. Receipt of gift by HUF excluded from tax u/s...
News & FAQs | By ALOK PATNIA | Mar 26, 2012
Under the existing provisions of Income Tax Act, 1961 AMT (Alternate Minimum Tax) was applicable only on Limited Liability Partnerships (...
News & FAQs | By ALOK PATNIA | Mar 26, 2012
Newly Inserted Sections Section 194LAA Section 194LC Amendments in existing Sections Section 193 Section 194E Section 194J Section 194LA ...
News & FAQs | By ALOK PATNIA | Mar 22, 2012
Budget 2012 announced by honourable Finance Minister will have impact on individuals also, be it salaried individual or self-employed. ...
News & FAQs | By ALOK PATNIA | Mar 21, 2012
The Union Budget 2012-2013 announced by Finance Minister Pranab Mukherjee has amended the tax slab for Individuals. With regard to Indivi...
News & FAQs | By ALOK PATNIA | Mar 20, 2012
Budget 2012 has barred professionals for availing section 44AD (Presumptive Taxation Scheme) and the crucial thing is that it is proposed...
News & FAQs | By ALOK PATNIA | Mar 14, 2012
Upcoming Budget 2012 on 16th March by our Finance Minister will meet certain expectation of taxpayers and as usual will disappoint us in ...
News & FAQs | By ALOK PATNIA | Jan 17, 2012
As we are standing in the last quarter of the FY 2011-12, last minute tax planning is the call of the day. Taxpayers under stress during ...
News & FAQs | By ALOK PATNIA | Jan 14, 2012
One should make investments which helps to save tax as well as earn maximum return on the said investment. Investment in Public Provident...