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

Maintenance of books by Medical Professionals

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

It is advisable that Medical Professionals should account for transactions on cash basis (and not on mercantile basis), and maintaining o...

Service Tax Return – Compliances

GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Oct 6, 2017

Service providers liable to pay service tax are also liable to file half yearly return. Here are brief explanations of provisions relatin...

Appointment of Directors of Company

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

Directors are appointed to manage the affairs of the company, to meet with the company law compliances, income tax compliances and other ...

Online Filing of Revise return

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

Only if original return is filed within the due date then only one can avail the benefit of re-filing of Income Tax Return (ITR) referred...

Taxability of Income – Determine your Residential Status

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

The Incidence of tax is charged on the basis of residential status of an assessee and not by his citizenship.  The residential status of...

Procedure of Incorporation of LLP

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

Limited Liability Partnership (LLP) is the most convenient mode of business coupled with the features of partnership form and limited com...

House Rent Allowance or Rent Free Accommodation – Claim Deduction

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

Salaried Individuals working in outstation jobs have to either reside in a rented / owned house or are being provided with accommodation ...

Save tax from health insurance premium – 80D

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

Deduction of maximum Rs. 40,000 can be availed through section 80D. Salaried individual restrict their tax saving investment to section 8...

Tax Treatment of Excess Service Tax paid

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

Service tax is charged on the value of consideration received, so it may happen at times that payment is received for service to be provi...

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