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.
News & FAQs | By ALOK PATNIA | Last updated on Apr 14, 2015
Central Board of Direct Taxes in the Official Gazette issued a notification regarding application of PAN in Form INC-7 for companies inte...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Case: Deputy Director of Income-tax vs. Serum Institute of India Ltd. Where NR does not furnish PAN, TDS on payment shall be deducted as ...
News & FAQs | By ALOK PATNIA | Last updated on Apr 11, 2015
The MCA has issued Companies (Auditor’s Report) Order, 2015 vide order dated 10.04.2015. It shall come into force on the date of its publ...
News & FAQs | By ALOK PATNIA | Last updated on Apr 10, 2015
As per the Income Tax Act, assets in the nature of shares, listed securities, units of mutual funds and zero coupon bonds qualified as lo...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Last updated on Nov 22, 2019
Funds, life cell of a business, are required all the time during its lifetime. Initial capital comes from subscribers to the memorandum. ...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
If company hires buses along with drivers for providing pick and drop facility to its employees then payment to such transporter shall at...
News & FAQs | By ALOK PATNIA | Last updated on Apr 7, 2015
If you are a startup then you must be in search of funds. Funds are the basic but also a dreadful problem which lead to shut down. For su...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
If retiring partner were not paid in excess of balance in capital account then, no goodwill arises. Thus, depreciation shall not be claim...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Case:Assistant Commissioner of Income-tax vs. Shanti Swarup Jain Where assessee purchases from a firm running dummy business then such pu...