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

Special Allowances in case of salaried tax payers

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

Allowance is a fixed quantity of money or otherwise given regularly in addition to salary for the purpose of meeting some particular requ...

Impact of Proposed Direct Tax Code on Individual Taxpayers

News & FAQs | By ALOK PATNIA | Last updated on May 12, 2011

The Direct Tax Code (DTC) will come into effect from FY 2012-13 starting from 1st April, 2012 and you would file your first income tax re...

Revise your erroneous tax returns online

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

The filing of income tax return is a legal obligation for every person whose total income during the previous year exceeds the maximum am...

File Your Return of Income after checking the Tax Credit Online

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

Every taxpayer can view or verify proper credits of Taxes paid (only with respect to Financial Year 05-06 onwards) from their Annual Tax ...

Creation and Taxability – Hindu Undivided Family (HUF)

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

‘Hindu Undivided Family’ (HUF) is a family that consists of all persons lineally descended from a common ancestor, including ...

Claim taxes on salary by filing your return of income

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

Every employer responsible for paying Salaries is required to deduct tax at source on the amount payable/ paid and also deposit such dedu...

File your Tax Returns (IT returns) for FY 2010-11 (AY 2011-12) (March 2011)

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

All individuals having taxable income are required to file their return of income/ Tax returns before 31st July 2011 and thus the due dat...

Bonus shares – Cost of Acquisition and Taxability

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

Cost of acquisition of any additional financial assets as bonus shares or security or otherwise which is received without any payment by ...

Tax Assessment in case of individual tax payers

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

Every taxpayer desire that his return should be accepted u/s 143(1) and not subjected to scrutiny assessment. It is natural that the taxp...

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