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 Nov 25, 2015
The highlights of budget 2015 presented by the Finance Minister are as understated: BUDGET ESTIMATES Non-Plan expenditure estimates for t...
News & FAQs | By ALOK PATNIA | Last updated on Mar 31, 2017
Tax proposals in Budget 2015-16 for the common middle class tax payers benefit them in various ways. Budget 2015 which was expected to us...
News & FAQs | By ALOK PATNIA | Last updated on Nov 25, 2015
The Finance Minister Arun Jaitely, for simplifying the tax regime has proposed to abolish the concept of Wealth Tax from India. In his sp...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
In Squar Concern vs. Income Tax Officer, the Tribunal held that the AO should not make addition of unaccounted stock when he failed to de...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
In K.S. Venugopalan, Operator, Travancore Cochin Chemicals Ltd. vs. Income-tax Officer, it was held that the excess tax deducted by the e...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Recently in Acee Enterprises vs. Commissioner of Income Tax, it was held that without considering the period of holding to shares, number...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
In the Commissioner of Income Tax vs. Sambhaji Nagar Co-op Hxg. Society Ltd., it was held that no capital gain should arise on the transf...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
In Commissioner of Income Tax vs. Gitsons Engineering Co., the High Court held that the notice u/s 143(2) shall mandatorily be served wit...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Recently in Thomas George Muthoot vs. Assistant Commissioner of Income Tax, it was held that the assessee partner shall deduct TDS on the...