At the time of penning this, the COVID-19 crisis is increasing exponentially all over the world. Global leaders and organizations are doing their best to manage this crisis. Even so, the boundaries are getting severely stretched. However, it is not just a macro crisis that needs to be handled at a global level.
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Sale or transfer of any capital assets shall be charged under the head Capital Gain only if assessee has legal right or title over the pr...
News & FAQs | By ALOK PATNIA | Last updated on Oct 5, 2017
New though simplified things seems a bit confusing at the beginning. If the case relates to ITR Forms then people tends to get confused a...
News & FAQs | By ALOK PATNIA | Last updated on Jun 26, 2015
While filing the return, somehow we all pray that our return does not get selected for the scrutiny. As because we all know that once tax...
News & FAQs | By ALOK PATNIA | Last updated on Oct 5, 2017
Small steps are constantly taken by our government to fulfill the dream of GST in India. Last month, GST Constitutional Amendment Bill wa...
News & FAQs | By ALOK PATNIA | Last updated on Oct 5, 2017
New and simplified ITR Forms are finally available on the income tax site. The Income Tax department has notified the new set of ITR form...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
In a case it was held that provision of section 194C shall be applicable only when there is contractual obligation. Hence, payments made ...
News & FAQs | By ALOK PATNIA | Last updated on Oct 5, 2017
1st June, 2015 was marked as effective date of amendments. With the coming of such amendments, issues relating to its clarity have also b...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
The Tribunal in a case clarified that ‘assessee aggrieved’ shall be the person who is an aggrieved party liable to pay tax in...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
E-Commerce, though a familiar word that is read and heard in our daily life, it has always been in news. May be either for their profitab...