Taxmantra Global is battle-ready for the COVID-19 outbreak with full client delivery capability intact

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.

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Payment of pension to its employees shall not be considered as an object of general public utility

Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017

Where the object of a trust is to pay pension to employees and their dependents shall not be considered as an object of general public ut...

Benefit of Sec. 54F shall be available if house constructed by the builder

Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017

If sale consideration invested in a flat that is newly constructed by a builder on behalf of the assessee within 3 years then, it would a...

Brand Theft!! Start-ups Beware!!!

Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Last updated on Oct 5, 2017

 “Brand Theft!! Start-ups Beware!!!” Around a week ago, I got a call from a hassled youth. He seemed quiet messed up in his h...

Expenses incurred in foreign currency to provide technical services outside India shall be exclud...

Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017

The High Court in a case clarified that if expenses incurred in foreign currency to provide technical services outside India shall be exc...

Form CRA 2 and GNL 4: Additional compliances for company appointing cost auditor and submission o...

News & FAQs | By ALOK PATNIA | Last updated on Mar 13, 2015

Form CRA-2- Form of Intimation of appointment of cost auditor by the company to Central Government Pursuant to section 148(3) of Companie...

Should all your taxes be paid by 15th March?

News & FAQs | By ALOK PATNIA | Last updated on Mar 13, 2015

We are in the middle of the month of March wherin we are surrounded by thoughts of payment of advance tax and due date for payment of adv...

Clarification regarding depreciation on leased assets

Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017

If assets returned from lease, was again leased out, and it was recapitalized at nominal value at which it was decapitalised and similarl...

Keyman Insurance premium incurred for benefit of firm shall be allowabe as business expense

Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017

The High Court clarified in a recent case that the Keyman Insurance Premium paid by the partnership firm on the life of its two partners ...

Why Start-Ups Fail-in Indian Context

Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Last updated on Oct 5, 2017

“….Tom & Jerry Private limited, a start-up obtains $6M funding…RuralStep, a startup from so and so city, gets acquired by the so and ...

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