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
For Presumptive Business Income an assessee needs to file his return using ITR-4S Form (commonly known as SUGAM). Who can use the ITR-4S ...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Income tax return is filed through ITR form which is based on the income earned by an assessee. Most individuals are confused about which...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
The Income-Tax Department is zeroing in on high net-worth individuals, and wants them to disclose the details of their assets in the coun...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
As the due date of annual returns of Limited Liability Partnerships is drawing to a close, designated partners of Limited Liability Partn...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Income Tax returns filing has to be done in Income Tax Forms which is provided by the IT Department and applicable to assessee according ...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
The Income Tax Department has provided various Income Tax Forms for the assessees in order to file their return forms beneficially. The f...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Income Tax department has specified the various income tax return forms like ITR-1, ITR-2, ITR-3, ITR-4, ITR-4S, ITR-5, ITR-6 and ITR-7 &...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Mandatory Online Income Tax Return Filing (E-Filing) from AY 2013-14 ( FY 2012-13). Generally speaking, an assessee can file income tax r...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Section 194LC, inserted by the Finance Act, 2012, provides for a concessional rate of withholding tax @ 5% on payments to NRI in a case w...