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

Limited Liability Partnerships are more cost effective than Private Companies

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

Limited Liability Partnership (LLP)  form of business organization is getting recognition all over India and now LLP can be easily forme...

Deductions to Non Resident Individuals under 80C

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

Section 80C has been the most popular tax saving instruments for taxpayers and assessees are always encouraged to make the most of it. Th...

Housing Loan and tax exemptions

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

Availing a Home loan offers two way benefits. You get deduction for both principal and interest paid and at the same time you create your...

Audit Requirement for Individuals – 44AB & 44AD

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

Individuals are required to get their books of accounts audited even if they are running a sole proprietorship business and salaried indi...

Service Taxes in India

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

Service tax is charged on the taxable amount of services rendered by the service provider. At present the Central Government has recognis...

Capital Gain exemption available – even if land was owned by assessee’s spouse

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

Section 54F provides deduction in respect of capital gain arising from the sale of any long term capital asset. The deduction is provided...

Taxability of Private Limited Company

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

Every Company is mandatorily required to comply with Company Law Compliances and Income Tax provisions for smooth functioning of the busi...

New Pension Scheme – Tax Planning tools

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

It has been observed that certain taxpayers are still ignorant of the benefits associated with contribution to  pension funds. Contribut...

Relief to Taxpayers – No penalty on default in furnishing audit report

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

Every corporate and those assessees who are required to get their accounts audited are required to file their income tax return by Septem...

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