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
Financial year 2011-12 has ended & ITR filing season is approaching, so every Individual who is required to file their income tax ret...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Interest u/s 234B is attracted for non-payment of advance tax or payment of advance tax of an amount less than 90% of assessed tax. So, i...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Nov 22, 2019
Pandal or shamiana refers to a place specially prepared or arranged for organizing an official, social or business function. Here, social...
News & FAQs | By ALOK PATNIA | Last updated on May 2, 2012
According to Business Standard: Amid concern that amendments in the Income Tax Act proposed in Finance Bill, 2012, would hit foreign inve...
News & FAQs | By ALOK PATNIA | Last updated on May 2, 2012
The government’s efforts to widen the tax base are not paying off as numbers of new tax payers added over the past three years show...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Last updated on Oct 5, 2017
As the name ‘winding up’ means putting an end to any business being conducted by an entity. Also, winding up of Limited Liability Par...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
CIT vs. The Instalment Supply Ltd (Delhi High Court) The assessee bought 1614 items of computer systems for Rs.40 lacs from HCL Hewlett P...
News & FAQs | By ALOK PATNIA | Last updated on May 1, 2012
There has been a sharp rise in 2011of amount of money locked in income tax disputes. The disputed amount locked with Income Tax departmen...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Finalization of document requires signing in order to make it a valid document. Similarly, Income tax return is required to be mandatoril...