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
These are the common mistakes people make when filing their returns. These mistakes cause you a few headaches like delays in your refund ...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Section 80D of the Income Tax Act provides for a deduction of Rs. 15,000 to an assessee, being an individual or a HUF. The deduction is a...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Tuition fees deduction can be claimed by an individual under section 80C of the Income Tax Act, 1961. Any sum paid as tuition fees (not i...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Form 16 or the salary certificate provides details of the salary income of the employee along with the TDS (Tax deducted at Source) and n...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Its time to file IT Returns for the Financial Year 2010-2011. Due date to file IT Returns for Financial Year 2010-2011 is 31st July, 2011...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Whenever a person receives salary in arrears or in advance (which may be called as additional salary) he can claim the relief which is ma...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
HRA is a house rent allowance, given by the employer to the employee to meet the cost of renting a house. It is basically a part of the t...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
The Committee which has been set up for broad review of National Small Savings Fund (NSSF) submitted its report to the government of Indi...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
We all know that the goal of tax planning is to arrange the financial affairs so that one can save their tax burden but before making pla...
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