Relationship Between Bankruptcy And Taxes »

Relationship Between Bankruptcy And Taxes

When substantial comes to bankruptcy again taxes, learned albatross be several serious things that you are going to wanting to think about. If you are going to file for bankruptcy, you are response to wanting to commence convinced that you are doing everything you can to save yourself as much trouble, money, and time [...]

Income Tax Help »

Income Tax Help

There are many websites on the Internet today that gives much needed income tax help for those who have no idea of what’s going on during tax time. Income tax is a tax paid on income, unfortunately no matter how little it is. It’s paid by employees and people who are self-employed and may also [...]

Importance Of Tax Attorney In Today’s Business »

Importance Of Tax Attorney In Today’s Business

There could be several reasons for selecting tax attorney rather than tax consultant. There are several kinds of expert tax consultants providing tax concerning services. Nevertheless, the major downfall of utilizing such service providers would be that they’ll not have legal background. One can’t expect that everyone would have the similar levels of expertise and [...]

Importance Of Notes On Accounts In The Context Of Computation Of Income For Mat »

Importance Of Notes On Accounts In The Context Of Computation Of Income For Mat

T. N. Pandey 1. Section 115JB of the Income-tax Act, 1961 provides for levy of Minimum Alternate Tax (MAT) in case of what are popularly referred to as Zero tax companies. Uptill the assessment year 2006-07, levy of MAT was governed by section 115JA of the Act. From the next year, section 115JA has been replaced [...]

Major Changes In Indirect Taxes »

Major Changes In Indirect Taxes

V. S. Datey
1. Budget 2009 was presented before Parliament on 6-7-2009. The major changes in indirect taxes are summarised below:
2.1-No change in existing rate of service tax - Existing rate of service tax of 10 per cent continues unchanged.
2.2 -New services and expansion of some services - Four new services are proposed to be [...]

Service Tax – Budget Highlights 2009 »

Service Tax – Budget Highlights 2009

Monarch Bhatt-
The glimpse of service tax proposals forms the subject- matter of this article.
Nothing is certain but death and Tax- Benjamin Franklin
1. Economy may be good or bad, there may be any progress or not, there may be development or not, but imposition and leviability of taxes is certain for the growth of the [...]

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