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
The Income Tax Department has provided various Income Tax Forms for the assessees in order to file their return forms beneficially. The f...
News & FAQs | By ALOK PATNIA | Last updated on Apr 18, 2012
Market leader Indian Oil Corporation indulged in grand standing on Tuesday by saying state-run retailers would raise petrol price by a...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
The Government filed an appeal to challenge the judgement of the High Court. There was a delay of 427 days in filing the appeal which was...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Perquisite is a part of gross salary of an individual provided by his employer in addition to the basic salary. It is the benefit ...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Online filing of return is compulsory required by certain assessees. Â Online return filing can be done with or without digital signature...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
The assessee filed a ROI offering Rs. 4.68 lakhs which was assessed. Subsequently, the AO issued a s. 148 notice claiming that cash credi...
News & FAQs | By ALOK PATNIA | Last updated on Apr 17, 2012
According to the RBI , its policy repo rate cuts to 8.00 percent, compared with expectations for a 25 basis point cut in a Reuters poll. ...
News & FAQs | By ALOK PATNIA | Last updated on Oct 5, 2017
Today Taxmantra would discuss about whether service tax is applicable for advertising agencies or not. Further to budget 2012, there are ...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Clubbing of income means Income of other person included in assessee’s total income.    Generally an assessee is taxed in respect ...