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.
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 ...
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...
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 ...
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...
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 ...
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...
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...
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 ...
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...