Taxmantra Global is battle-ready for the COVID-19 outbreak with full client delivery capability intact

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.

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LLP Agreement and its Contents

Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Last updated on Oct 5, 2017

LLP Agreement is basically a contract entered into by the LLPs who are intending to start a LLP for carrying the business with profit mot...

No Service Tax will be Leviable on the Activities Taxed by States

News & FAQs | By ALOK PATNIA | Last updated on May 10, 2012

The government today agreed to make changes in the definition of ‘services’ in the Negative List to address states’ concern on the ...

Factors to determine, Gain from shares is capital gain or business profits

Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017

CIT vs. Vinay Mittal (Delhi High Court) On sale of shares the assessee earned gain and he offered LTCG of Rs. 2.59 crores and STCG of Rs....

Govt. holds back – Excise on gold jewellery & TDS on realty

News & FAQs | By ALOK PATNIA | Last updated on May 9, 2012

Finance minister Pranab Mukherjee buckled under pressure from two powerful trade lobbies – jewellers and realtors – while dro...

Who can use ITR 7 for return filing?

Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017

Who can use ITR7 Form? ITR 7 Form can be used by persons including companies who are required to furnish return under Section 139(4A) : F...

Taxability of Franchise Services Under Service tax

GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Nov 22, 2019

“ Franchise ” means an agreement by which the franchisee is granted representational right to sell or manufacture goods or to provide...

Section 25 Companies in the Companies Act, 1956

Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Last updated on Oct 5, 2017

Company is a form of business organizations in which the individuals contribute some amount of capital. Companies are distinct legal enti...

Firms may shift to DTAAs Countries

News & FAQs | By ALOK PATNIA | Last updated on May 9, 2012

As per The Business Standard: Finance Minister Pranab Mukherjee’s amendments to the Finance Bill 2012-13, have ensured companies operat...

Tax of Rs 550 cr collected by IT department under International taxation

News & FAQs | By ALOK PATNIA | Last updated on May 8, 2012

From Foreign shipping companies doing business at Gujarat ports, Directorate of International Taxation of the Income Tax Department has r...

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