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.

Blogs

Salary reimbursement to NR parent company from its Indian subsidiary shall not be taxable in India

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

Recently in Morgan Stanley International Incorporated vs. Deputy Director of Income-tax, it was held that the NR rendering support servic...

3-in-1 Mantras of ELSS – Invest, Save and Earn

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

Options are numerous when it comes to tax saving. Mere knowing of all the options is not enough. Investment in haphazard manner may not e...

Rise in service tax collection shows real or fictitious growth of the economy??

News & FAQs | By ALOK PATNIA | Last updated on Oct 1, 2015

It has been nine months of NDA Government and the early revenue figure for the said period indicates uplift in business sentiments. The e...

Notional loss on option contract being speculative in nature, not deductible

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

In Shankara Infrastructure Materials Ltd. vs. Assistant Commissioner of Income-tax, it was held that the assessee engaged in trading busi...

Modi mulling excise and service tax exemption to Startups

News & FAQs | By ALOK PATNIA | Last updated on Oct 1, 2015

When Modi government came into power, through our article, 4 Things NaMo can do to help entrepreneurship eco-system in India, we expres...

Cuts in SLR will increase credit facility to productive sectors

News & FAQs | By ALOK PATNIA | Last updated on Oct 1, 2015

High hopes from sixth bi-monthly monetary policy review, 2014-15 of Reserve Bank of India (RBI) got shattered today when it kept the key ...

Absence of the word ‘Works contract’ in the Agreement will not convert it to Sale Agreement

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

Recently in Thirumalai Ready Mix Concrete vs. State of Puducherry, the High Court held that the mere absence of the word ‘Works contrac...

SFIS benefit available to Indian Subsidiary of Foreign Company

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

Recently, in Yum Restaurants (I) Pvt. Ltd. vs. Union of India, the Delhi High Court held that no provision in the Foreign Trade Policy de...

Apply online for IEC with 10 notified banks only

News & FAQs | By ALOK PATNIA | Last updated on Jan 31, 2015

The public notice no. 83 dated 30th January, 2015 has once again raised the hope of all importers/ exporters. Vide this notice, DGFT had ...

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