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 Nov 22, 2019
Legal Consultancy Services means any service provided or to be provided –        i. To any person, by a business entity in re...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
We all are aware of the fact that tax is charged on total income and the Individual income is taxed based on his residential status . Ult...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
According to The Economic Times: The Finance Bill 2012Â proposes that new process of filing tax return is becoming more taxing.One shoul...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
The benefit of interest free loan or loan at concessional rate of interest is given to an employee (or to any member of his household) is...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Free meals or concessional meals benefit provided by the employer gets taxable in the hands of the employees as perquisites. Perquisites ...
News & FAQs | By ALOK PATNIA | Last updated on Apr 27, 2012
Income tax exemption on retirement benefits to private PF trusts is likely to extend by the Finance Ministry for the current fiscal. Curr...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Nov 22, 2019
Business Auxiliary Services – It means any service in relation to – Promotion or marketing or sale of goods produces or provided by o...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
While filing Income Tax Return , assessees are required to be very careful and alert as they are always in a hurry while filing their ret...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Last updated on Oct 5, 2017
A general meeting is a meeting of a company’s shareholders convened by formal notice. Under the Companies Act 2006 (section 307), p...