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 May 14, 2012
Now it’s common that any foreign investments coming into India are planned in a manner to lower the tax liability in India as possible....
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
CIT vs. Sahara India Housing Corporation Ltd (Delhi High Court) Gains from sale and purchase of securities/ shares, offered as “capit...
News & FAQs | By ALOK PATNIA | Last updated on May 12, 2012
Indian Government may be able to identify an estimate of black money floating in its economy by end September. As per The Economic Times ...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
CIT vs. Nalwa Sons Investment Ltd (Supreme Court) The assessee filed a Return of Income (ROI) declaring loss of Rs.43.47 crores under the...
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Nov 22, 2019
Design Services under service tax includes services provided in relation to designing of furniture, consumer products, industrial product...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Last updated on Oct 5, 2017
To convert partnership firm into limited liability partnership (LLP) one needs to comply with various requirements. The procedure for con...
News & FAQs | By ALOK PATNIA | Last updated on May 12, 2012
International taxation issues didn’t come under the Bilateral Investment Promotion and Protection Agreement i.e., Bipa between India an...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
ACIT vs. Shri M.K. Gurumurthy (ITAT Bangalore) The assessee made payments to contractors from April 2007 to February 2008 for AY 2008-09....
News & FAQs | By ALOK PATNIA | Last updated on May 11, 2012
Holding tax rates fixed years ago of Dhanbad municipal corporation (DMC) may be reviewed, hinted by the Dhanbad town administrator. As pe...