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

Brought forward losses can be setoff – Returns of subsequent years not to be considered

News & FAQs | By ALOK PATNIA | Last updated on Dec 22, 2011

Filling of return within due date u/s 139 (1) is very important especially if any loss has been incurred in the year for which return is ...

Avoid clubbing of minor child income

News & FAQs | By ALOK PATNIA | Last updated on Dec 22, 2011

Most of the taxpayer invests in the name of their child and enjoy the deduction in the year of investment but as they are not well conver...

Medical Allowance, Medical Reimbursement and Mediclaim – How they Differ?

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

Medical Allowance, Medical Reimbursement and Mediclaim, all these sound similar and there is a common belief that they are just synonyms ...

Invest in Infrastructure bonds – Get Extra Benefit of Deduction

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

80CCF offers a deduction of Rs.20000 from your taxable income for investments in long term infrastructure bonds. This deduction will be o...

Get Deduction for House Rent paid

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

An employee is either provided with a rent free residential accommodation by his employer or if he is staying in a rented house, then he ...

Legal Heir can file return in most hassle free manner

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

As per the Income Tax Act, upon the death of a person, his legal heir shall be liable to pay any dues of the deceased, in the similar man...

Maintenance of Books Of Accounts by LLPs in India

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

The limited liability partnership is not provided with much relaxation in terms of maintenance of books of accounts, audit compliances or...

Premium paid under different policies- Tax benefits

News & FAQs | By ALOK PATNIA | Last updated on Dec 20, 2011

Many of us start looking for optimal investment plan only in February or March, just before the Financial Year is getting over. One must ...

ROC Compliances – Procedure of change in registered office

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

Change in registered office is considered as a major event as all the communications between the company and the department in the form o...

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