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