Puja Sharma and Associates is a Chartered Accountancy firm based out of Jaipur.
Mo,Tu,We,Th,Fr,Sa
10:00 am - 6:00 pm
| ✔ Business Incorporation | ✔ Accounting / Book keeping |
| ✔ Company Auditing | ✔ Direct Taxation |
| ✔ Indirect Taxation | ✔ Govt.Registrations and Licenses |
| ✔ Corporate Legal Consulting | ✔ Business Tax Planning and Management |
| ✔ Business Planning & Initiation | ✔ Financial Services / Funds Raising |
| ✔ Internal Audit | ✔ GST |
| ✔ Services |
P
Prashant Shrivastava
I am running a repair and maintance company, I do not have much knowledge about GST, the sales bill series that I gave last fy 2020-21 were given in this fy 21-22 so what is the solution now
There is no issue if you start the series afresh from new financial year. The only thing is the series should not be repeated in the same financial year. For more clarity you can contact : +919587334442
CA Puja Sharma 9 Aug 2021You can continue with this serial no. There is no such issue. For more information you can connect with me at ca.pujasharma@outlook.com
CA Rahul Dwivedi 9 Aug 2021Invoice series should be continuous & unique during the year.
You can continue with the serious you are using without break in the series.
For Further Assistance Please reach us at ca.rahuldwivedi@gmail.com or 9004485377
V
V Jaswanth
Grandfather sell property and purchase another property on grandson name, now, should grandfather need to pay capital gains?
Yes Capital Gain will arise in the hands of the grandfather when he will sell the property.
CA Rahul Dwivedi 9 Aug 2021Yes he have to pay Capital Gain Tax.
For Further Planning & Assistance Please reach us at ca.rahuldwivedi@gmail.com or 9004485377
M
M.N Harshith
If i invest in 3 different mutual funds together and sell all 3 together after 365 days of buying it...
Now would I get the initial 1 lakh tax-free advantage on all 3 MFs separately?
No, the limit of Rs. 1 Lakhs applies on an aggregate basis.
CA Rahul Dwivedi 9 Aug 2021Rs. 1 Lakh is LTCG limit for the year from all the MF/Shares transaction executed during the year.
For Further Assistance Please reach us at ca.rahuldwivedi@gmail.com or 9004485377
S
Shubham
I want to know about incorporating my business.
Please connect with me at ca.pujasharma@outlook.com for incorporation of your business entity.
CA Rahul Dwivedi 9 Aug 2021First let us know your business requirement & then will decide the nature of organisation co.,LLP, firm etc.
Please reach us at ca.rahuldwivedi@gmail.com or 9004485377
please contact 7679875546
T&C applyM
M.N Harshith
Suppose.,
I have 1 cr,
I invest in Equity MF,
After one year,
I made 20% profits means 20 lacs,
Now
I'll be taxed 10% on profits, so 10% of 20 lacs = 2 lacs
Now I gained 18 lacs after tax deductions..
*Now*
On that 18 lacs...
*Do I again have to pay tax according to its tax regime slab..... Which is 30% above 15lac*....??
There will not be double taxation . Capital Gain of Rs. 20 Laks taxed @ 10% or 15% on the basis of holding period (LTCG/STCG) so the balance remains after paying capital gain tax will not be tax again. For further assistance you can reach us at ca.rahuldwivedi@gmail.com or 9004485377
CA Puja Sharma 6 Aug 2021You are calculating tax of Rs. 20 Lacs twice. There will be LTCG tax rate of 10% that will apply in your case because you are selling after 1 year.
For more information, you can connect with me at ca.pujasharma@outlook.com
One income cannot be taxed twice. This is the basis rule of income tax. So you don't have to pay tax on the remaining amount.
T&C applyK
Karan
I am looking to understand and save some tax on my personal income
You can get in touch with us 9004485377 or reach at ca.rahuldwivedi@gmail.com for Tax planning purpose
CA Puja Sharma 6 Aug 2021For Income Tax planning you can connect with me at ca.puja@outlook.com
CA Rakshit Jain 7 Aug 2021There are many types of personal income. Please give a brief about what type of income your are talking about.
T&C applyR
Rakesh
I am trading in stock market (Futures and options) (this is considered business income). My Turnover is less than 2 Cr. My Net profit is more than 12% of my turnover. Can I opt for Presumptive taxation under section 44AD and pay tax for only 6% of my turnover. I would reduce the tax I need to pay, no need to do auditing, no need to keep book of accounts and tax only needs to be paid at end of year instead of end of each quarter. Is this possible ?
I went through the section 44AD on income tax website and I didn't find any specific reason. Can any CA clarify is this valid and legal.
Hello,
Yes, you can opt for Sec. 44AD presumptive taxation scheme for your F&O trading business income.
For further assistance, ou can contact us directly at badlaniassociates at Gmail or take a phone consultation.
Regards,
CA Hunny Badlani
Badlani & Associates
In my opinion, you can opt for presumptive taxation. For more detailed consultation, please connect with me at ca.pujasharma@outlook.com
T&C applyR
Rashmi
Hi,
When I am trying to file ITR..... Tax liability page is showing 12000....if I confirm this page.... And validate... This amount gets deducted from my salary or already deducted amount is showing here?? Can you confirm
please contact 7679875546
CA Puja Sharma 5 Aug 2021Plesae connect with me at ca.pujasharma@outllook.com with more information for detailed consultation.
T&C applyS
Sameer
1. I stay in a rented apartment away from my family owned home. How do I get a registered address for a Private Limited Company registration?
2. If I get an investor willing to invest 1L, can I issue him stake worth 3L?
please contact 7679875546
CA Puja Sharma 5 Aug 20211. You can get the company registered at any of the 2 places you ahve mentioned.
2. No.
For more detailed consultation, please connect with me at ca.pujasharma@outlook.com
K
Kiran
My father purchased agriculture land in 2008 later changed to Housing plot and completed constructing building in 2010. after his death in 2016 I and my brother partitioned land and building. We both sold the land and building in July,2020. The total sale amount is transferred to my account only. I have purchased new House and invested some amount in 54 EC bond and saved some amount for tax in my savings account. Now we do not have proper records(bills) of construction expenditure. 1.How to calculate Indexation of construction as I do not have old bills of construction. 2.Am I sole responsible for tax as total amount credited to my account.
1. How much is the amount incurred on that Land and Building. 2. Need to see sale deed paper for taxability and TDS deducted by buyer. Plesae contact at pnkrgarg@gmail.com or Mob.: 9958558840.
CA Puja Sharma 5 Aug 2021Both the owners of the propery will be indivdually responsible for the taxation purpose. If you have receievd the sale consideration which also includes your brothers share then you will be reposnible for the share which only belongs to you. For more detailed consultation please connect with me at ca.pujasharma@outlook.com with more information.
CA Rahul Dwivedi 6 Aug 2021Capital gain is taxable in the hands of person in whose name property is registered irrespective of receiving the contribution. So you and your brother both will be liable to pay tax. However as it belongs to FY 2020-21 it can be planned within the limitation of Income Tax and Tax can be saved.
For further assistance you can reach us at ca.rahuldwivedi@gmail.com or 9004485377