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Question & Answer


K

Konda

1 Dec 2021

Hello sir i am konda i have a question...suppose if i have a perfect money account and i live in india and i am into some crypto as well. i have like 5000$ in crypto and i changed it to perfect money and i used live exchanger service and converted into inr into my bank account will income tax raid and ask how you got this 3lakhs a day and if i repeat it daily like 10days it will be 30laks will income tax raid.............

Replies (1)                          

CA Deepak Kucheria       1 Dec 2021

Hi Konda ji ! As of now there is no specific Indian law governing the crypto transactions. However, the Government is proposing the Bill in the parliament in this winter session to regulate the cryptocurrencies. Till then, if you have earned out of trading in cryptos, you just need to pay the applicable Income tax on it and relax! To know more about the taxation applicability, kindly connect with us at +91-9911744028 or deepakkucheria@gmail.com.
Thanks !

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S

Shubham Singh

30 Nov 2021

I'm looking to save taxes from my salary income. PFA tax forecast
https://drive.google.com/file/d/1G-JMAmhYIBb26BVsShHHzYfx_V470nB7/view?usp=sharing

Replies (1)                          

CA Deepak Kucheria       1 Dec 2021

Hi Sir ! There are multiple options to save taxes. Kindly connect with us +91-9911744028 or deepakkucheria@gmail.com to discuss the best option which suits you.

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K

Krishal Krishna Shetty

29 Nov 2021

What are the conditions for a residential apartment to take compulsory audit

No Reply  


V

Varun

28 Nov 2021

Hi, I want to understand the tax liability of the family pension being received by my adult sister. She is under my legal guardianship as she is mentally sick and 65% disabled. The annual pension amount is less than 2.5 lacs.

Replies (1)                          

CA Rahul Dwivedi       29 Nov 2021

Dear Varun Ji,
As the Income is less then exemption limit no need to file ITR.
For further consultation you can reach me at ca.rahuldwivedi@gmail.com or 9004485377

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S

Sonu

26 Nov 2021

Can a widow woman, her married daughter and her grandson form a HUF together?

No Reply