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Tax breaks on Reverse Mortagage for seniors on the house – Much awaited relief
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
If your parents are considering a reverse mortgage, here is a festival bonanza. The government has made the return from mortgaging their ...
Income Tax exemption limit may be raised in the next Budget 2014
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
The current government would present its last budget in the month of February 2014, and may raise the basic exemption limit for individua...
HRA exemption comes under the scanner of IT Department
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
CBDT, the governing body for direct taxes in India issued a circular last week, which suggests that salaried taxpayers who claim HRAex...
Income Tax dept may begin probe ministers – ET Reports
News & FAQs | By ALOK PATNIA | Last updated on Oct 22, 2013
Economic times reports that the Income Tax department may start an inquiry into alleged discrepancies in filing of tax returns of some o...
Karnataka exempts IT companies from Labour law for a further five years
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Last updated on Oct 6, 2017
Karnataka will exempt information technology companies from an onerous labour law for a further five years, , lifting a weight off sof...
What is Transfer Pricing Safe Harbour Rule ? Detailed FAQ Analysis
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Transfer pricing has always been an ambiguous and disputed topic in international taxation. Now, as we know, transfer pricing refers to t...
Is tax to be withheld on payments made by Indian company to a foreign company?
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Last updated on Oct 5, 2017
In this article we would analyse whether tax needs to be deducted on payments made to foreign companies. In this world of globalization, ...
Due Date for Filing Service Tax Return for April-September 2013 is 25th October 2013
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Nov 22, 2019
Service tax is charged on the taxable amount of services rendered by the service provider. Every assessee, whether Individual, Partnershi...
What is Shareholders’ Agreement and how it is different from Articles of Association?
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Last updated on Oct 5, 2017
This article would enable better understanding of two terms that is Shareholders’ agreement and Article of Association. Since, very oft...
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