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
Each time at the end of a Financial Year the management of companies and other businesses are very stressed with the closing of the books...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Last updated on Oct 5, 2017
A very important decision or step for a start-up is funding its operations. A start-up is a bundle of exuberant energy and uninhibited id...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
The Income Tax Appellate Tribunal of Delhi ruled in favor of the assessee for the dispute in regard to existence of a permanent establish...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
The High Court of Mumbai on 3rd March 2014 ruled in favor of the assessee, and allowed the investment of borrowed funds in Indian company...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
On selling of a capital asset one needs to pay taxes on it under the head ‘capital gains’. However, indexation benefit is entitled th...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
An NRI can rent out property that he owns in India. The rent proceeds can be credited to the NRE or NRO account. Rent proceeds received i...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
The answer is very simple, and depends on how many days you spend out of India. The entire question arises only when it comes to tax paym...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Globalization brought a wave in the educated Indian workforce as more and more MNCs venture in our country offering jobs to professionals...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Last updated on Oct 5, 2017
Restriction on Contribution to political party Companies Act 2013 Politics in India goes hand in hand with business, and business men are...