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
Each year most of the people eagerly wait for the budget proposals to be announced for various reasons. One of the reasons is to know wha...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
The scope of clubbing the income of minor child has considerably been enlarged with effect from assessment year 1993-1994 by insertion of...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Last year the Government has implemented the Sixth Central Pay Commission and in regard to which most of the salaried individuals have re...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
A lot of confusion persists among the taxpayers about the income required to be clubbed and the method of clubbing. So here are the provi...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Most of the people eagerly wait for their tax refund cheque after filing the income tax return. But now are the days gone when you will h...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
If Interest free or concessional loan is given to an employee (or to any member of his household) is chargeable to tax as a perquisite to...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
The Income Tax Department has now provided the facility to check the tax credit statement (Form 26AS) online and take corrective measures...
News & FAQs | By ALOK PATNIA | Last updated on Oct 5, 2017
“Sahaj†and “Sugam†are the two Income tax forms introduced to simplify return filing. As the very name suggests “Simplicity Ev...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Taxable perquisites include the value of rent free accommodation or accommodation at concessional rent provided to an assessee by his emp...
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