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.
News & FAQs | By ALOK PATNIA | Last updated on Mar 31, 2012
Section 115U provides that income, in the hands of the investor through VCF / VCC is taxed in like manner and to the same extent as if th...
News & FAQs | By ALOK PATNIA | Last updated on Mar 31, 2012
This article brings into spotlight the benefits endowed upon HUFs via Budget 2012 proposals. Receipt of gift by HUF excluded from tax u/s...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Existing provision of Sec 68 mandates that where any income is found in the books of assessee as credited or unexplained in the previou...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Nov 22, 2019
Government is on a drive to hike interest rate on small savings scheme i.e, on PPF (Public Provident Fund) which will be effective from 1...
News & FAQs | By ALOK PATNIA | Last updated on Apr 6, 2017
Under the existing provisions of Income Tax Act, 1961 AMT (Alternate Minimum Tax) was applicable only on Limited Liability Partnerships (...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Last updated on Oct 5, 2017
APPLICABILITY – Where a Company incurs any expenditure (except expenditure in the nature of acquisition of any land/building) on any sk...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Last updated on Oct 5, 2017
APPLICABILITY – Where an assessee incurs any expenditure on agricultural extension project notified by the Board in this behalf in acco...
News & FAQs | By ALOK PATNIA | Last updated on Apr 6, 2017
Newly Inserted Sections Section 194LAA Section 194LC Amendments in existing Sections Section 193 Section 194E Section 194J Section 194LA ...
News & FAQs | By ALOK PATNIA | Last updated on Mar 22, 2012
Budget 2012 announced by honourable Finance Minister will have impact on individuals also, be it salaried individual or self-employed. ...
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