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
ACG Associated Capsules Pvt. Ltd vs. CIT (Supreme Court)Â The AO & CIT (A) computed s. 80HHC deduction by deducting 90% of the gross...
News & FAQs | By ALOK PATNIA | Last updated on Apr 21, 2012
Government may dilute some provisions of the proposed General Anti-Avoidance Rule (GAAR) to relieve investors who are anxious about the p...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Last updated on Oct 5, 2017
To ‘convert’ in the context of conversion of a private limited company into a LLP means “a transfer of the property, ...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Income tax return is required to be filed by Firms, AOPs and companies too. Income Tax Department has notified separate Income Tax Retu...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
The taxable value of the perquisite will be calculated in case of provision of concessional / free educational facilities for any member ...
News & FAQs | By ALOK PATNIA | Last updated on Apr 21, 2012
On Thursday India offered reassuring clarifications on new tax laws that have caused high fit of anger and irritation in US trade circles...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Nov 22, 2019
The term services includes a declared services, it becomes essential to understand the meaning and philosophy of the term declared servic...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Tulip Hotels Pvt. Ltd vs. DCIT (ITAT Mumbai Special Bench) The Tribunal had to consider whether certain amounts could be assessed as cash...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Taxpayers scramble to file income tax return only when the due date approaches which leads to incorrect claims, filing return etc. Financ...
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