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.

Blogs

Revise or Rectify Return – Clarifications

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

We have noted from our experience that taxpayers are mostly confused about the fact when to revise return or when to file rectification. ...

Claim refund of Service Tax

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

When Refund of Service Tax can be claimed If service tax is paid in excess of the actual liability, assessee is required to claim refund ...

Benefits of conversion of a Private Limited Company into LLP

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

Transfer of assets and liabilities on conversion of a Private Limited Company into a Limited Liability Partnership (LLP) does not attract...

Deduction for Royalty Income on Patents – 80RRB

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

Assessee covered: The patentee should be an individual resident ofIndia(non – residents not covered). Conditions to be fulfilled: Deduc...

Relief for Arrear Salary Under Section 89

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

Updated as on 24th 2014 Relief under section 89 is allowable to mitigate the extra tax burden that arises due to receipt of any sum, bein...

Facts relating to Partners – LLP

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

Partners of Limited Liability Partnership (LLP) are not liable for the individual act of other partners, which protects the interest of i...

Deduction for Royalty Income of Authors – 80QQB

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

Deduction is available in respect of royalty or copyright income of authors. Assessee covered: The taxpayer should be an individual resid...

Taxability of Non – Delivery based transactions

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

Speculative transactions and Derivative transactions or Non – delivery based transactions, as the name implies, does not involves settl...

Open a New Branch – ROC Compliances

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

Only doing business is not the end, one always wishes to expand its business by opening a new Branch. Procedure to be followed by every c...

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