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
Primarily, the expenses allowable for computing business income is computed as per the Income tax Rules for the purpose of computing tax ...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
The financial year is over, and we have to file our IT returns for the year gone by. Salaried Individuals and other non-audit tax payers ...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Where a return has been filed u/s 139 or in response to notice u/s 142(1), the case can be selected for scrutiny assessment if the Assess...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
FAQs on NRI Taxation Q1. Who is an NRI? A1. an Indian staying abroad is known as an NRI i.e. Non-Resident Indian. Q2. Who is a NRI under ...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
People nowadays have become so much aware about the fact that while selling properties they become liable to pay huge tax liabilities. Th...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
The following norms for the below mentioned ITR forms are as per new amendments and changes in the ITR filing for the AY 2013-14 (FY 20...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Income tax return for the assessment year 2013-14:-Â Ministry of Finance has come up with many changes with regard to filing Income Tax ...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Can an NRI claim Tax benefit under section 80C? Strictly speaking, the term non-resident refers only to the tax status of a person who...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Due date of Advance Tax Payment for corporate assessees for 1st quarter is on 15th June 2013 Advance tax payment is a system of staggered...