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Question & Answer


D

Daivat

17 Sep 2020

Hello, I live in India and I am looking to start a dropshipping business business from my own website. My target customers are from outside India. And once the customer places an order from my website I forward that order to my suppliers based in China who then ship the order to my customer in an international location. (Product does not enter India at all) so what are my tax obligation?

Replies (5)                          

CA Arjun Dhorajiya       17 Sep 2020

call at 9769647582 for more clarity

CA Deepak Kucheria       17 Sep 2020

Need to understand the revenue model. Kindly contact at +91-9911744028 or e-mail at deepakkucheria@gmail.com

CA Rakshit Jain       17 Sep 2020

we can discuss your issue on 9587334442.

DAIVAT    17 Sep 2020

OK

CA Naman Maloo       20 Sep 2020

This is a very common model.
You can get a personal consultation with expert by clicking here: https://www.taxontips.com/income-tax-notice/

T&C apply


S

Shreevishnu Bhuktar

16 Sep 2020

Can I have, by way of Power of Attorney, full authority to operate FD opened in India by NRI daughter?

Replies (2)                          

CA Rakshit Jain       17 Sep 2020

call on 9587334442 to discuss your issue

CA Jaya Agarwal       22 Sep 2020

Yes, but income from that FD will be of your NRI daughter and not yours.
For more details call at 7667559772, ca.jkagarwal2011@gmail.com

T&C apply


R

Rohit

16 Sep 2020

Dropshipping tax

Replies (4)                          

CA Rakshit Jain       16 Sep 2020

call at 9587334442 to discuss the issue

CA Arjun Dhorajiya       17 Sep 2020

call at 9769647582 for more clarity

CA Naman Maloo       20 Sep 2020

You can get assistance by clicking here: https://www.taxontips.com/income-tax-notice/

CA Jaya Agarwal       22 Sep 2020

For more details call at 7667559772, ca.jkagarwal2011@gmail.com

T&C apply


C

Chaitanya Hebbal

16 Sep 2020

I have taken loan from relative to fund my pharma venture. how do we show that in ITR filing

Replies (3)                          

CA Rakshit Jain       16 Sep 2020

call at 9587334442 to discuss the issue

CA Arjun Dhorajiya       17 Sep 2020

call at 9769647582 for more clarity

CA Jaya Agarwal       22 Sep 2020

First I need to know, whether oyu fall under sec 44AA (i.e.) books of accounts required to maintain or not. If yes, you can show it under Liability head in BS, no treatment in ITR or income part of that money.
For more details call at 7667559772, ca.jkagarwal2011@gmail.com

T&C apply


C

Chaitanya Hebbal

16 Sep 2020

Loan from relatives to start a company

Replies (3)                          

CA Rakshit Jain       16 Sep 2020

call at 9587334442 to discuss the issue

CA Arjun Dhorajiya       17 Sep 2020

call at 9769647582 for more clarity

CA Jaya Agarwal       22 Sep 2020

First I need to know, whether oyu fall under sec 44AA (i.e.) books of accounts required to maintain or not. If yes, you can show it under Liability head in BS, no treatment in ITR or income part of that money.
For more details call at 7667559772, ca.jkagarwal2011@gmail.com

T&C apply