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Ayush Sahu
If i do frequent and high volume transaction in crypto this year 22-23 .. would i have to pay business income tax or flat 30%
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Income from transfer of Crypto currency are now taxable @30%.
CA Puja Sharma 7 Jun 2022A 30% flat tax rate will apply to crypto gains per the present government rules. For more information, you can connect with us at ca.pujasharma@outlook.com
T&C applyB
Bharat
Car depreciation benefit when an individual buys in his name and also tell about the car depreciation benefit when a sole proprietor buys in the name of the proprietorship?
It won't make much of a difference. If the proprietor purchases the car in his name and uses it for business, he can also show the car in his business accounts and claim depreciation benefit.
For assistance in return filing, you can connect with us at ca.pujasharma@outlook.com
M
Monisha
Hi, my taxable income is 786000 and I didn't have any knowledge on tax saving ways.
I have maintained my balance of 400000 in savings account and I have invested in mf that comes with no lock-in period.Now my tds deduction sum up to 70000.Please advise if there is some way to claim any tax benefit.
This taxable income is after declaring my interest in home loan for 1,50,000
Hii Monisha,
There are many ways to save tax and have various investment oppotunities available but that is required to be done in the financial year. For further assistance, you can contact us on 9993683335.
Dear Monisha,
Tax can be saved by investing in various available option & that is termed as Tax Planning in technical words. How much to invest & where to invest can be guided after discussion as it depending on various factors like amount of investment, risc factor, future need etc. For further consultation on tax planning you can approach us on ca.rahuldwivedi@gmail.com or 9004485377.
There are many other ways of tax savings like restructuring salary structure, allowances etc. You can connect with me at ca.pujasharma@outlook.com for consultation.
T&C applyM
Monisha
Hi, my taxable income is 786000 and I didn't have any knowledge on tax saving ways.
I have maintained my balance of 400000 in savings account and I have invested in mf that comes with no lock-in period.Now my tds deduction sum up to 70000.Please advise if there is some way to claim any tax benefit.
This taxable income is after declaring my interest in home loan for 1,50,000
There are numerous tax saving instruments. You have to invest as per your risk profile. You may consult us to assess your profile and invest in the instruments that suits our profile. Kindly connect with us at deepakkucheria@gmail.com or +91-991174028.
T&C applyM
Monisha
Hi, my taxable income is 786000 and I didn't have any knowledge on tax saving ways.
I have maintained my balance of 400000 in savings account and I have invested in mf that comes with no lock-in period.Now my tds deduction sum up to 70000.Please advise if there is some way to claim any tax benefit.
This taxable income is after declaring my interest in home loan for 1,50,000
