Taxmantra Global is battle-ready for the COVID-19 outbreak with full client delivery capability intact

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.

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Taxability of Employee Stock Option Plan

Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017

Employee Stock Option Plan are equity based transactions between the owner and its employees, wherein employees are offered stake in the ...

Reimbursement of Travelling Expenses to Directors

Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Last updated on Oct 5, 2017

Company wishing to reimburse travelling expenses of its directors incurred in relation to business of the company has to comply with cert...

Medical treatment of Handicapped Dependent – Deduction under 80DD

Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017

If you are having a handicapped dependent and you are incurring expenses on his/her maintenance or medical treatment then you could save ...

Service Tax Registration – Compliances

GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Nov 22, 2019

Every service provider becomes eligible for registration when the total amount of taxable service in a year exceeds Rs.9lakhs. When to ap...

Tax Planning & Saving for Retirement

Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017

Government has not specified any specific retirement plans and benefits, it’s on our part to take full benefits of the different provis...

Non – Resident Individual – Capital Gain Deduction

Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017

A Non Resident Individual (NRI) is entitled to all the deductions / exemptions that are available to a resident under the head “Capital...

Claim Stamp Duty and other Expenses u/s 80C

Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017

It is important to note that, other than investments, certain expenses which one incurr for purchase of house property can also help to g...

Deduction for donations – Section 80G

Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017

Deduction with respect to donations to certain specified funds, charitable institutions, etc is allowable to any taxpayer (individual, co...

Maintenance of Books of Accounts – Individuals

Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017

Individuals generally have this conception that when the provisions of getting books audited u /s 44AB are attracted then they are requir...

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