10:30 am - 6:00 pm
|✔ Business Incorporation||✔ Fund Raising (Debt / Equity)|
|✔ Accounting / Book keeping||✔ Company Auditing|
|✔ Compliances||✔ Financial Consulting and MIS|
|✔ Direct Taxation||✔ Indirect Taxation|
|✔ Corporate Asset Management||✔ Personal Wealth Planning|
|✔ Mergers & Acquisition / Investment Banking||✔ Payroll Management|
|✔ Govt.Registrations and Licenses||✔ Intellectual Property|
|✔ Corporate Restructuring||✔ Corporate Registration & Verification|
|✔ Corporate Legal Consulting||✔ Business Tax Planning and Management|
|✔ Business Planning & Initiation||✔ Financial Services / Funds Raising|
|✔ Internal Audit||✔ GST|
|✔ Agriculture||✔ Automobiles|
|✔ Banking||✔ Cement|
|✔ Education and Training||✔ Engineering|
|✔ Financial Services||✔ Gems and Jewellery|
|✔ Healthcare||✔ Infrastructure|
|✔ Manufacturing||✔ Media and Entertainment|
|✔ Real Estate||✔ Services|
|✔ Textiles||✔ Tourism and Hospitality|
If i purchase product without gst number but when i sell its applicable so how i return in gstr3b
Show sales and pay tax on it in Gstr 3b and show unregistered purchaseCA Jaya Agarwal 4 Nov 2020
You need to pay tax without taking benefit of purchase
Dr. Gajanan Vaishnav
I have registered a startup Private Limited Company on 26th May 2020. Me and my wife are directors. We are both employed and our employer has issued us Form 16. Our company has made some sale of about Rs.7000/- till date. We have not withdrawn any money from current A/c of the company. We have not taken any salary from the company. My question is (a) Do we need to file ITR-1 (based on Form 16 given by our employer) or ITR-2 (for company directors) considering my company is just 5 months old?
ITR-2, since you are a director, you only need to provide details of share purchase and directorship details, you also need to get your Company Audit done, Do reach out to Finaco Admin Team, they would assist you in getting it done.CA Utsav Khandelwal 24 Oct 2020
You will have to file ITR-2 as your a director now. Further at the year end you will have to get your company accounts audited and then file the income tax returnCA Naman Maloo 25 Oct 2020
Since the company is registered in FY 2020-21 you have to file ITR 1 for FY 2019-20.
If you need assistance in filing your ITR/ tax assistance for company Click here: https://www.taxontips.com/income-tax-return/
Hope you find the information helpful.
I'm planning to sell on Shopify, what form of company I should go for and I will drop ship items from China to USA do I need a import export code for that?
Dear Himanshu, proprietorship firm or one person company will be better for it. And for import export code is a mustCA Naman Maloo 1 Jul 2020
You are just starting a drop shipping business, start it as a proprietorship concern.
No IEC code required.
If you need professional assistance feel free to contact me at firstname.lastname@example.org
contact me at 9291318650 or email@example.comT&C apply
Where can i find DIR-3 KYC Form for the year 2019-20 on MCA Portal ?
The updated form is yet not available on the site. The old form DIR 3 KYC is available on the siteT&C apply
Need some help regarding capital gains tax
Yes Ramakrishnan ji, I can help you out.
Hi Ramakrishnan, I can help you with the same. You can reach me at +91 9967694668CA Damini Agarwal 10 Apr 2019
Please connect on 8707297344CA Utsav Khandelwal 10 Apr 2019
Kindly contact on 9549912646CA Naman Maloo 20 Apr 2019
You can email the details at firstname.lastname@example.org and then we can discuss on itT&C apply
I am an nri since 13 years. I have a resident demat account which i use to buy stocks. Recently i have acquired some stocks which i would like to sell wifhin 2 weeks time.Am i allowed to do this? What tax on capital gains will i be liable to pay? If i am not allowed to do this, what is the penalty?
Yes you are allowed to sell these shares, only intraday trading and short selling is prohibited for Nri's. Further capital gain will be short term or long term depending on your period of holding. If your holding is more than 1 year then Long term capital gain is applicable else short term.CA Utsav Khandelwal 31 Mar 2019
Yes, you can sell them even in a day if you want. Short term capital gain tax will apply in your case. For further query call 9549912646NA Na Na 2 Apr 2019
you have to pay short term capital gain.
for more details contact on 9708549709 or email@example.com
My query is that I have spent 6lakh through my credit card during fy 2018-19. I did these transactions for utilities bill payments and mobile recharges as I am running a telecom shop. My annual income is below 2 lakh. So my credit card payments would be considered as my income while filling itr.
Hi Parvesh, If your annual income is below 2 lacs, how have you spent 6 lacs through your credit card?
It wont be added to your income, however, you will have to justify the source of money for paying credit card bills.
For detailed answer/discussion, you can reach me out +91 9967694668
How can a person with income of just RS 2 lac can make payment of credit card bill of more than RS 6 lacParvesh Kumar 30 Mar 2019
Ca utsav , I wasn't expecting this kind of answer...might be I had saving in my account or I borrow from someone or I used it for other people's transaction and get hard cash from them. So you can't say how it was possible..please go through question thoroughly that I have an telecom shop...and what we do is take money from customer and pay his mobile and electricity bills..I am asking this wayT&C apply
I have a property that was bought more than 5 years ago it was given for development and the builder soud House that included a part of our property. This transaction was in the current financial year. Should the money be transferred within the same financial year or can it be done in the next financial year
It is not necessarythat the money should be transferred in the current financial year but the possession should be done in the current yearT&C apply
Hi , I have a sole proprietorship firm for software consultancy , and I export software to only foreign clients .
My question is , in GST invoice what should be the IGST rate . Will it be zero ?
If you have obtained Letter of Undertaking (LUT) for export of goods/ services without payment of duty, then you will not charge GST in the invoice.
Otherwise, you have to charge GST in the invoice, deposit the GST and claim refund of the GST paid.
Email on firstname.lastname@example.org for any clarification and help.
No need to charge GST on it. For more information call @ 9549912646CA Subrat Sharma 18 Mar 2019
Under GST regime, you as a exporter have either of the two options;
Export under bond without payment of tax(LUT)
Export along with tax payment and claim refund later
basically these options are available if you need any assistance you feel free to contact me;
Net salary was paid during 1 year sabbatical leave for 6 months in the year 2017-18. Later gross salary was reversed from account. Form 16A shows tax paid as the tds on salary. How to claim tds refund?
File your income tax return and claim TDS in it. For more information call @ 9549912646T&C apply