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 Oct 28, 2013
Reserve Bank Governor Raghuram Rajan today hinted that RBI may increase interest rate to check price rise at the second quarter monet...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Bangalore Tax Tribunal has upheld that the provisions of section 195 which mandates for deduction of taxes on payment made to Non Residen...
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Nov 22, 2019
Have you ever gone through the bill in detail when you make the payment in restaurants? If you have, you will probably agree that there a...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
If you are an NRI or foreign national and you have a taxable income in India then buck up and get a PAN card. Getting PAN Card in India b...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
There is a section (section 68) in Income Tax Act which says that if there is any sum which is found credited in the books of an assess...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Last updated on Oct 5, 2017
In a recent ruling, it was held that Share issue expenses is revenue as suggested by CIT Appeals Share issue expenses were considered as ...
News & FAQs | By ALOK PATNIA | Last updated on Oct 26, 2013
The Income tax department’s TDS (tax deduction at source) section served notice on the Bharatiya Janata Party’s (BJP) state u...
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Nov 22, 2019
There has been quite a buzz about Goods and Service Tax ( GST). What is GST ? Quite simply, GST is a proposed tax reform which will repla...
News & FAQs | By ALOK PATNIA | Last updated on Mar 28, 2017
Finally, CBDT has accepted to extend the due date for filing returns and tax audit report for the assessment year 2013-14 to 31st October...