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Last date to ITR filing is 31/07/2024. Hurry up & file now. Any income tax/ GST related queries, feel free to DM me Thanks & Regards, CA Ria Sachan

Rebate does not applies to STCG in new tax regime

Well, for this I've to check your return

⏳ Heading towards ITR filing due date, many clients express concerns about high TDS deductions, seeking assistance to secure refunds through various approaches. As a professional, guiding clients on the right investment strategies and financial planning, is crucial. However clients are...

Making charges even reach upto 50% in tanishq and local jewellery stores

Yes,you can completely get the benefit of CG in 54. Provided the maximum benefit is upto the capital gain earned or 10cr or amt invested in new plot whichever is lower.

Apart from all the other deductions and tax slab rate... She can obtain lower TDS deduction certificate under 15G/ 15H, as TDS under 194P might be getting deducted on her pension and salary income.

See it totally depends on your risk taking capacity. If it's good, then you may hold it otherwise you can put a stop loss to your investment

Their maximum turnover limit to opt for composition scheme in these states is 75 laks

Yes, she will be eligible to claim composition scheme provided she's not residing Nagaland,Sikkim, Tripura, Mizoram, Meghalaya, Manipur, Arunachal Pradesh, Uttarakhand

📢Part 2- Who cannot opt for composition scheme ?🚫 A person making inter-state supplies A casual taxable person-“Casual taxable person” means a person who occasionally undertakes transactions involving supply of goods or services or both in the course or furtherance of business, whether as...

Hi, I am Ria from Kanpur, UP. Currently income tax and GST consultant working as a freelancer. Welcome, Good to see you and will help you in finance problems. Devesh, naam to nahi sunaa 😂 Just kidding btw.

Even if he doesn't declare information, then also Mr.Khanra's 26AS will reflect TDS under 194S because even if it's traded in foreign currency. But the payment channel gateway is online gateway which is automatically linked to PAN. So Khanra ji has to pay self assessment tax or advance tax. Even...

Sir, everyone's is trying to give you solution but if you need so precise solution then meet a CA. In your response to query, if you've submitted 1lakh to crypto fund, which is used in trading of shares, which resulted in profit. Then this profit is also taxable as Cryptocurrency gain @30% and...

Hi, Sorry for replying so late. Currently Crypto currency gain is flat taxable @30 % u/s 115BBH. TDS is deducted u/s 194S @1% on sale value of Cryptocurrency as it will reflect in your 26 AS. Taxable income= Sale Consideration - Cost of Acquisition (without indexation benefit). Further any...

1. No losses can be set off in new tax regime. 2,3. No losses of F&O and equity can be set off from crypto profits. Nothing can be set off from Cryptocurrency profit. Capital gain from Cryptocurrency currency is taxable flat @30% without indexation benefit and nothing can be set off from it's...

Yes, he can opt for composition scheme provided aggregate turnover for doesn't cross 75 lakhs/1.5 cr if he belongs to above mentioned states.

talk to a CA regarding this. Do not believe in any online advice fetched from google. It's a big decision

📢Composition levy is an optional tax regime for small taxpayers. 1.Any businessman supplying goods or restaurant services can opt for Composition scheme under 10(1) & 10(2) of GST Act,2017. (a) Any businessman supplying goods or restaurant services from the state of - Nagaland, Sikkim...

Anyone who knows that how to finance marriage of girl's side if its due after 8-9 months. What are the tools available in the market ?