Schedule AL

Schedule AL: If you earn over Rs 50 lakh This schedule is to be filled mandatorily by individuals and Hindu Undivided Families (HUF) if their total income after all the deductions exceeds INR 50 lacs and they have not engaged in any business or profession during the financial year. They must provide details of immovable […]

Foreign assets declaration in India

Foreign assets declaration in India As Per Income Tax Act, 1961, Residential individuals are required to disclose foreign assets in following cases: Holding any asset including financial interest in any asset located outside India as a beneficiary or otherwise Signing authority in any account located outside India. Beneficiary of any asset including financial interest in […]

Income Tax and GST on Money Transfer Business

Money Transfer Business in India Money Transfer agent engage in money Transfer business do the money transfer in banks or Wallets like (Paytm, Phonepe, Mobikwik, Gpay against a small amount of fee or commission of 0.5% to 2%. Lets read through this article about the implications of GST and Income Tax on Money transfer commission […]

Taxes on Sale of Property by NRI in India

NRI Income Tax Return Filing Online NRI Income Tax Return filing online all inclusive price ₹ 10,000/- ₹ 2,500/- Online Process Dedicated manager to process your Return Fast Refund Free Advice 24 x 7 support   For a professional opinion, please get in touch with us at: 8860512927 Taxes on Sale of Property by NRI […]

ROC Compliance

ROC Compliance ROC Comliance all inclusive price ₹ 12,000/- ₹ 7,500/- Online Process Dedicated manager to process your ROC Compliance Error free Compliance Free Advice 24 x 7 support Timely filing For a professional opinion, please get in touch with us at: 8860512927 https://etaxguru.in/wp-content/uploads/2021/01/Untitled-720p-201128.mp4 ROC Compliance Calendar The ROC compliance calendar for regular and annual […]

Cash Transactions Limit

Cash Transactions Limit There is no provison in GST restricting cash transactions. Section 40A (3) of IT Act: No person shall pay exceeding of Rs. 10,000/ 35,000 to a person in single day. Section 269ST of IT Act: No person shall receive an amount in cash exceeding or equal to Rs. 2,00,000 in aggregate from […]

Gold Storage Limit

Gold Stoarage Limit There is no restriction how much gold an individual can hold. Here gold does not only means Jewelry, but it also includes gold coins, gold bars, and other forms. The Income Tax Department will not seize Jewelry and ornaments to the extent to these limits, even if the same does not seem […]

Transfer Pricing

Transfer Pricing “Transfer pricing” refers to the prices of transactions between related parties like the Holding and subsidiary, which may take place under the conditions differing from those taking place between independent enterprises. The transfer price between relevant parties may not be at par when compared to the transfer price on transactions with unrelated parties. […]

MSME Registration

MSME Registration MSME Registration all inclusive price ₹ 2,000/- ₹ 1,000/- Online Process Dedicated manager to process your MSME Registration Free Advice 24 x 7 support Fast Registration For a professional opinion, please get in touch with us at: 8860512927 A What is MSME MSME means, “Micro Small Medium Enterprises”. Currently MSME is distributing the […]