CA Vivek Chiraniya  

CA in Practice
28Year 4Month  experience

CA with 21 years experience in accounting, audit, direct & indirect taxation, corporate law.

Warning: Division by zero in /var/www/vhosts/ on line 747
Warning: Division by zero in /var/www/vhosts/ on line 806
No more records


7 Grant Lane
Bow Bazar, Kolkata, West Bengal, India
Pin code - 700012



10:00 am - 6:00 pm


✔ Accounting / Book keeping✔ Company Auditing
✔ Compliances✔ Financial Consulting and MIS
✔ Direct Taxation✔ Indirect Taxation
✔ Personal Wealth Planning✔ Mergers & Acquisition / Investment Banking
✔ Govt.Registrations and Licenses✔ Corporate Registration & Verification
✔ Business Tax Planning and Management✔ GST

Industry Experience
✔ Engineering✔ Financial Services
✔ Manufacturing✔ Real Estate
✔ Services
Associated with (Firm / Company Name)
Awards and Recognitions
    All India 2nd Rank in ITL&WTO (ICAI)


Munish Kumar

4 a year ago

Dear Sir/Madam,I am a govt employee.I want to transfer Rs10000 per month to my mother's account who is a housewife.Is it taxable for mom?Please guide

CA Vivek Chiraniya     12 Apr 2020

No. It is not taxable.

CA Amit S     14 Apr 2020

You can give an amount up to Rs. 50,000 to a family member without it being taxed as per the Income Tax Act, 1961.

T&C apply



4 a year ago

Is the sub contractor liable to pay service tax if the contractor is exempted from it? It pertains to export of software maintenance as service.

CA Vivek Chiraniya     22 Feb 2020

Export of Service is not exempted from GST but is considered as Zero Rated Supply on fulfillment of certain conditions. Services can be exported on payment of IGST or without payment of IGST against LUT/Bond. Without going into further details reg export of service, please note that a sub-contractor, supplying services to the exporter of services, is not exempt from levy of GST unless the services he is supplying are exempt otherwise.

CA Damini Agarwal     24 Feb 2020

If a service is taxable under domestic supply then sub contractor shall be liable to pay GST on the same. It does not matter even if the contractor is exporting the service on which he is claiming exemption under Zero rated category.

CA Kantha Manjegowda     1 Mar 2020

sub contractor liable to service tax (GST)

T&C apply


Kiran Tr

4 a year ago

How to take 50lakhs from a person without paying tax.

CA Vivek Chiraniya     27 Jan 2020

If the person is your relative as per the Income Tax Provisions, you can take a gift from such person without any tax liability. If not a relative, such person can transfer the sum through a will.

T&C apply


Anuj Nepalia

4 a year ago

I have finalized to sell my flat at 20.5 lacs, but buyer is asking to make Sale deed of 22lacs so that he can get more loan since he do not have required amount for down payment. Please suggest on which amount do i jave to pay tax if my my flat is sold?. Will it be on 20.5lacs or 22lacs?

CA Vivek Chiraniya     27 Jan 2020

Sale value will be considered as Rs 22 Lakh or Stamp Duty Value whichever is higher. In no case it will be Rs. 20.5 Lakh if deed value is Rs. 22 Lakh.

NA Na Na     27 Jan 2020

As legal documents show the sale value as 22l, we will have to consider it as consideration..even stamp value would be paid on such value. In case of any further help, please feel free to contact us.

T&C apply


Sukanta Haldar

4 a year ago

Dear Madam/Sir, Greetings!! I have purchased a flat in the month of Nov.2017 and the construction of that flat was completed in the year 2015 but now the builder is asking to pay GST @ 12 % for which will pay the bill of GST. Is that possible? Please advice.

CA Vivek Chiraniya     18 Jan 2020

If construction was completed and CC was obtained before you booked/purchased the flat and made the first payment to the builder, no GST can be charged by him.

CA Naman Maloo     19 Jan 2020

No if the construction was complete and the completion certificate was received and you didn't make any payment before that he can't charge GST.

T&C apply


Atharv Vyas

4 a year ago

Sir i have a bill of 3.00 crores with gst at 18% amounting nearly 50lk and the counterparty has denied to file r1. I have taken input and audited the balance sheet. What to do ?

CA Vivek Chiraniya     4 Oct 2019

File a grievance through GST portal (from your login via User Services) and provide the details of the supplier with invoice copy.

CA Naman Maloo     5 Oct 2019

Submit a grievance with GST department along with the copy of bill

    12 Oct 2019

To claim itc it is more important to have in possession of original tax invoice and you have paid the creditor all amount within 180 days of purchase. So it will help you incase authorities ask you for mismatch. Also keep in possession eway bill. Kindly contact at

T&C apply


Ravish Jaggi

4 a year ago

Enquiring about the Capital Gain Tax against the Sale of property

My Uncle who don't want to purchase another property after selling his share, want to know his actual Capital gain tax.

I am sharing all the necessary details :

Property Purchased in DELHI in 1952, by my Grandmother.
Sum paid was 19000.

After her passing away, through her will it was transferred on the name of My father and his elder brother (My uncle).

Now as per circle rate, its value is approximate 80 lakhs which will be divide equally.
So both brothers get 40 lakhs each.
Further my Uncle will Gift 15 lakhs (through cheque/DD) to my father, so the net amount he will possess from the sale will be 25 lakhs.

First he wants to know whether he will be Taxable on 40 lakhs or 25 lakhs
Second what exactly will be his Capital Gain tax ?

The important thing to note is what should be the Base year ie 1991 or 2001 & also the Base price in that year as the Circle rates in Delhi were brought in 2007.

So kindly advice me on this, it will be much helpful.

CA Vivek Chiraniya     13 Sep 2019

Taxable consideration shall be Rs. 40 Lakh for each of the brothers. Gift to father has nothing to do with the capital gain taxation. Moreover, gift is not a taxable transaction in your case.

Base date for valuation and indexation shall be 01.04.2001. You can engage a registered valuer to get the valuation as on 01.04.2001.

CA Naman Maloo     13 Sep 2019

To know his capital gain you need to first get a government approved valuer and get a valuation report for 01.04.2001.
So the taxable amount would neither be 40 lakh nor 25 lakh. It would be something less than 40 lakh depending on the cost value.
Base year would be 2001.

If you need any further assistance feel free to contact me at

T&C apply
No more records
No more records
Resume has not uploaded!