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
At times we intend to undertake a financial transaction but delay it as we are not sure of the tax implication of the same. One such fina...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Section 80RRB of the Income Tax Act, 1961 provides deduction to a resident patentee (including joint patentee) for the receipt of royalty...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on May 28, 2024
Section 80QQB of the Income Tax Act, 1961 (“The Act”) provides deduction to a resident author (including joint authors) for ...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on May 28, 2024
Have you missed your tax filing deadline of 31st July, 2010 for FY 2009-10? Â Nothing to worry. You can still file your Return for the FY...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on May 28, 2024
In case you are not engaged in any business or profession and have made donation for scientific research or rural development, then you a...
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on May 28, 2024
(1) Where an individual employed by the Central Government deposits any amount under a pension scheme notified by the Central Government,...
News & FAQs | By ALOK PATNIA | Last updated on May 28, 2024
The Government of India is keen on scrapping the age old Income Tax Act, 1961, and implementing a new Direct Tax Code. Direct Tax Bill ha...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
The Income Tax Act provides the facility to an assessee being a resident individual or Hindu Undivided Family, of claiming deduction unde...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Employers usually withhold a certain percentage of your salary for the payment of income tax. But sometimes, these withholdings are great...
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