- Видео 22
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Nama_CA
Индия
Добавлен 14 июл 2023
Nama_CA channel founded in 2023 by CA Namrta Agrawal (holding degree of CS also) and Team. This channel provides updates about Personal Finance, Income tax, GST etc. Our mission is to spread Tax and financial education by provide content with detailed calculation and real-life examples. Our Tax laws are subject to frequent changes & they affects everyone. Through social media platforms, we aim to provide in depth knowledge of those changes.
I provide all kind of professional services like ITR | Company Registration | GST Registration | GST Return Filing | Taxation | CA Consultation etc.
My contact detail is agrawalnamrtaandassociates@gmail.com
Disclaimer: Please note that our videos are strictly for educational purposes. We will not be held responsible for any decisions made by viewers based on the content provided.
I provide all kind of professional services like ITR | Company Registration | GST Registration | GST Return Filing | Taxation | CA Consultation etc.
My contact detail is agrawalnamrtaandassociates@gmail.com
Disclaimer: Please note that our videos are strictly for educational purposes. We will not be held responsible for any decisions made by viewers based on the content provided.
How to correct income tax challan details | Income tax payment challan correction online
#taxpayment #taxchallan #incometax #incometaxreturn #taxfiling #taxupdate #challancorrection #taxnotice #taxpenalties #tax #ITR
Mistakes on tax payments, no matter how small, can cause significant complications later. In this video, I’ll guide you through the easy steps to submit a Challan Correction Request on the Income Tax Portal. Whether it’s an incorrect assessment year or an error in the minor or major head, this tutorial will help you fix it and ensure your taxes are accurately managed. Don't let small errors turn into big headaches-watch now to learn how to correct them seamlessly!
ncome Tax Challan Correction
Challan Correction Online
How to Correct Challan on Income Tax Portal
Challa...
Mistakes on tax payments, no matter how small, can cause significant complications later. In this video, I’ll guide you through the easy steps to submit a Challan Correction Request on the Income Tax Portal. Whether it’s an incorrect assessment year or an error in the minor or major head, this tutorial will help you fix it and ensure your taxes are accurately managed. Don't let small errors turn into big headaches-watch now to learn how to correct them seamlessly!
ncome Tax Challan Correction
Challan Correction Online
How to Correct Challan on Income Tax Portal
Challa...
Просмотров: 215
Видео
Response to Income Tax Outstanding Demand || Close Income tax Demand through E-Filing Portal
Просмотров 4,9 тыс.4 месяца назад
#intimation #Demand #notice #incometaxnotices #demandnotice #143 response to oresponse to outstanding demand income tax how to pay outstanding demand in income tax outstanding demand income tax outstanding demand paid but not reflected response to outstanding demand income tax outstanding demand payment itr outstanding demand refund adjusted against outstanding demand Income tax payment - Deman...
ITR 1 Filing Online AY 2024-25 | How to File Income Tax Return for Salaried Person 2024 | FY 2023-24
Просмотров 1,1 тыс.6 месяцев назад
#incometaxreturn #incometaxseason #incometaxefiling #incometax #itr1 #taxsaving #incometaxreturnfiling2024 #itr #itrfileonline #itrfiling #itrfilling #itrforms #AY2024 #FY2023 #Nama_CA #Namaca #nammaca #CAnama #CANamrta Old Tax Regime v/s New Tax Regime: ruclips.net/video/FGhxbyjISbg/видео.html This video will guide you "how to file ITR-1" with salary, house property and other source income lik...
ESPP Explained | How to declare ESPP in Schedule FA | Capital Gain Tax on ESPP in India
Просмотров 11 тыс.8 месяцев назад
#ESPP #foreignincome #foreigninvestment #foreignassets #scheduleFA #itr #itrfiling #itrfilling #incometaxreturn #incometax #incometaxseason #capitalgain #capitalgaintax #foreigncompanyshares #itr2 #fy24 #itrfileonline For Tax filing services, please reach out to "agrawalnamrtaandassociates@gmail.com" This video explains, what is ESPP (Employee Stock Purchase Plan) and its tax treatment when rec...
Restricted Stock Units (RSUs) Explained | Taxation rules in India I Declare RSUs in Schedule FA
Просмотров 26 тыс.8 месяцев назад
#rsu #foreignincome #foreigninvestment #foreignassets #scheduleFA #itr #itrfiling #itrfilling #incometaxreturn #incometax #incometaxseason #capitalgain #capitalgaintax #foreigncompanyshares #itr2 #fy24 #itrfileonline #itrfileonline #taxation #taxationinindia #foreigntaxcredit For Tax filing services, please reach out to "agrawalnamrtaandassociates@gmail.com" RSU are additional compensation give...
Tax Harvesting | Pay ZERO Tax on Stock Market Profit | Save Tax on Capital Gain: Shares and MF
Просмотров 1 тыс.9 месяцев назад
We all do investment for gain but when we make Capital Gains, they are taxed! But, there are a less-known way to save those taxes, WITHOUT breaking your compounding. Let's understand how you can save 15% STCG tax and 10% LTCG tax on Shares and Mutual fund by Tax harvesting. Click here to subscribe to my RUclips channel: ruclips.net/channel/UCf30mbqmixaB6kusBmn4uBA #taxharvesting #capitalgaintax...
MSME Payment within 45 Days Rule | Sec 43b(h) of Income Tax Act | New 45 Days Payment Rule of MSME
Просмотров 2,9 тыс.10 месяцев назад
#msme #section43b #section43bh #45days #45day #msmepayment #msmeregistration #incometax #msmesector #msmes #businessregulation #businessnews #newrule #msmenews #businessregulations Section 43B(h) of the Income Tax Act has a crucial amendment, aimed to ensure timely payments to Micro and Small Enterprises (MSEs). This amedment is effective from April 1, 2023 (FY 2023-24 & AY 2024-25). This secti...
Old Vs New Tax Regime for FY 2024 - 25 | Tax Saving Option | Tax Calulator | Reduce tax burden
Просмотров 1,1 тыс.11 месяцев назад
Old Vs New Tax Regime for FY 2024 - 25 | Tax Saving Option | Tax Calulator | Reduce tax burden
NPS | National Pension Scheme I Why we need to opt NPS I Return on NPS I Best retirement plan | Tax
Просмотров 853Год назад
NPS | National Pension Scheme I Why we need to opt NPS I Return on NPS I Best retirement plan | Tax
ITR2 Filing with Foreign Assets & Capital Gain | How to fill Schedule FA -Foreign Assets declaration
Просмотров 66 тыс.Год назад
ITR2 Filing with Foreign Assets & Capital Gain | How to fill Schedule FA -Foreign Assets declaration
Form67 I Why and How to file Form 67 to Claim Foreign Tax Credit | DTAA | Reduce tax burden
Просмотров 34 тыс.Год назад
Form67 I Why and How to file Form 67 to Claim Foreign Tax Credit | DTAA | Reduce tax burden
After pressing save button after uploading challan i didn't press submit button.. then also now it not showing any response to demand How ?
Hi Mam, filled return without considering Foreign dividend income. Can I file form 67 before filing revised return and then file revised return?
Yes you can.
Hi @Nama_CA, thanks for this informative, i am searching this type of ITR-2 filing video since long time.
Very informative video.
What if i sold my shares with less price than the price at the vested time? Do I have to pay tax? My company is not public and listed in u.s market
It is loss for you. Check out my video on RSU to report the loss.
Hi @Nama_CA I have received shares from company X, now I am not in India and non-resident since 2 years, should I still declare these FA for FY2024-25?
Is Bitcoin considered as Foreign Asset bought through CoinSwitch?
It'll come under VA.
hi mam where can i get 2018 TT buying rates plzz reply mam
Hello mam video was very informative im very greatful but i have a doubt please i have sold foreign shares which are my perks given by my company which is US based which are short term where should i disclose this income?
Can i show it in schedule capital gains along with capital gains from india?
How can i show these sold shares along with holding shares in schedule FA
If chalan correction time expire then what to do
Contact to your AO and submit offline request
Thanks so much. Can i reach out to you for professonal guidance. Can we speak please.
Thank you so much mam.Very good presentation. Most heplful video.
great video mam txs, my company (NL based) has issued few shares @ free of cost as performance bonus, i got dividend as foreign income, should this also be considered as dividend inc from foreign shares and company all process as mentioned by you. Pls advice
Yes, dividends need to be considered in this way if you want to claim credit of tax withheld in a foreign country.
Thanks a lot for your efforts in explaining everything in so much detail. Extremely helpful
how and what amount to show in In table A4, the cash value or surrender value of the insurance contract or annuity contract as at the end of calendar year ending as on 31st December and total gross amount paid or credited with respect to the contract is required to be disclosed after converting the same into Indian currency if policy is held in us dollars in singapore ins co
In schedule FA: if I have 100+ entries then I have to fill all entries manually?
Yes, if you have 100+ entries, all of them need to be filled manually. Unfortunately, the system currently doesn’t support excel uploads in Schedule FA.
Thanks Nama fort the video. If the shares are not vested yet, we need not show anything right? we show it zero. Disclosure is only required in ITR for the vested Shares correct?
Yes, you are right. Only vested shares need to be disclosed in ITR.
Thanks Nama !! Very helpful!!
Sorry, Couple of more follow up question .. in Schedule of Foreign Assets (A3) - in case of vested shares (but not sold), the value of Initial investment should be zero or the same value which has been offered for tax as perquisite under section 17 and amount credited which is related to dividend - should be total dividend for all shares (Granted + vested) offered for Tax or ONLY related to Vested Shares?
Excellent explanation, Thankyou
Hello Mam.. Have sent you an email , please check and reply
Hi madam, I initially I got stocks for company X but the company got acquired by new company Y and our shares got converted from X -> Y then for which company shares we need to declare? All this happened in the same calendar year.
Declare Y Company Share
if invested in insurance policy in singapore and income is not earned but investment is to be reported then how to show investment in itr 3
Thanks madam, good explanation. One doubt - if shares sold in Jan. 2024 ,how should it be represented in sch FA as it is based as on Dec 2023?
You will need to report the capital gain and also disclose it in Schedule FSI. However, Schedule FA will not be impacted for AY 2024-25, as the sale occurred in January 2024.
@Nama_CA thank you for your valuable input !
Hi Madam, Many people are saying to use flat 30% slab for calculating tax under the provision of india but you have mentioned average, i am confused which one to consider, do we have any reference here
I am also skeptical about this, seen other articles/videos and they are using slab rate(30%), nowhere it's mentioned to find average.
Average Tax rate
Hello Madam, I have multiple stocks vested from year 2018 to 2024 and i am holding ESPP shares as well, I haven't sold any shares in current year and only got dividend income, Do i need show all the stocks which i am holding right now in ITR or just adding dividend income is fine?
You have to show all the stock that you are holding in Schedule FA and dividend in Schedule FSI.
@ Thanks for the quick reply madam, i missed to file previous year ITR for the same, will it a issue since i am showing all stocks now
Hello Madam, in case I have multiple entries of same company with different purchase date, different purchase values, buying rate etc. Then can we club all the entries of the company in foreign assets in IT return. If yes, then which date of purchase is to be used in clubbed details as different entries had different purchase date. Thanks
You will have to do separate entry for each purchase with different date or different purchase value
Your video proved to be very helpful. It would be further helpful if you could cover for the capital gains/loss occurring due to the sell to cover ( different dates in release and settlement of RSU) scenario and adjusting/adding it to the capital gains
Hello Mam, If any person who is resident in India, received salary from foreign employer directly in Indian bank account and no tax is deducted in foreign country, the assessee is working from home based in India and have no Foreign Assets to declare, in. Such scenario which ITR form is required to be filed I will be thankful if you can reply me please
@@rattagoyal6671 ITR2 and need to declare salary in schedule FSI.
Cin number showing incorrect why? If i selected AY the no unconsumed challan available like this showing why
Madam hum Ind Money se US listed share buy kiya hai and Crypto through Coin switch. Both platform are Indian and my PAN is updated there. Is it considered as foreign assset?
Investments made through IND Money in the US market considerd as a foreign assets and must be declared in Schedule FA.
Thanks for the information 👍
Glad you found it helpful!
Super❤❤❤
Thanks 🙏
Hello Maam, If I have a foreign custodial account which will be A2, do I need to declare the individual stocks I hold in that?
@@akshatrastogi9063 A2 is for cusodial account information and A3 is for stocks informations
Hi Mam, Do we need to e.verify the return sent under RECTIFICATIONS for Demand. What is the appx time wherein the RECTIFICATIONS are responded by Income Tax authorities. Thanks
Hello Mam, thanks for the informative video, this is really helpful. I was trying to follow the steps and file you have shown in you video for my own filing. Could you please share the excel file if possible?
Thank you mam
Hello Mam.........I am looking for your help. Please let me know how we can connect . As I am looking to revise my IT for AY-24-25 and declare my Foreign Asset like RSU and ESPP. I will pay the charges whatever as applicable. Let me know when we can connect
@@ashishbhadani5776 first mail me on agrawalnamrtaandassociates@gmail.com
Thanks for the helpful video. In case of Salary income outside India, but for this AY qualifies here in India as Resident Ordinarily Resident (ROR), how to get the tax amount when the other country follows a different assessment year? Like Australia follows July to June.
Use other documents like salary slip, or any other document which shows income and tax deducted at source as per indian FY.
@Nama_CA Mam just want to know are you providing help to file return and disclose Foreign Asset Like RSU and ESPP during Return File. If you provide this service then kindly let me know how to connect with you as I am looking to revise my return for AY 24-25. I will pay the charges whatever as applicable.
Yes I provide return filing services. You can connect me over agrawalnamrtaandassociates@gmail.com
Very nicely explained! Thank you!
Mam, Very informative video. However, a crucial detail seems to be missing regarding the reporting of savings accounts held outside India and salary received from a foreign company. Consider the following scenario: A person worked in India until 28th July 2023, after which their employment was transferred to Canada. Until 28th July, he earned salary and benefits in India. From August 2023 onwards, he began receiving a salary in Canada, where taxes were deducted at source. The individual also opened a savings account and a salary account with a Canadian bank. While filing his Indian ITR-2 for AY 2023-24, he declared all salary and other income earned in India but did not fill the FA (Foreign Asset) schedule. Additionally, he filed his income tax return in Canada in March 2024 for the fiscal year 1st January 2023 to 31st December 2023. Given that his residential status in India for AY 2023-24 is *Resident*, is it mandatory for him to file the FA schedule in their Indian ITR to disclose the salary earned in Canada and the interest earned in the Canadian savings account? Your guidance on the FA schedule requirements in such cases would be invaluable. Thank you!
FMA is wrong, fair market value may not be same as current share market price. in general, it will be more.
I am doing the stock investment through IND money . Will they provide this document to upload in the Income tax portal ? Can you make a video on how IND money subscribers can submit their Form 67 ?
IND money provides 1042S.
Defective ka Response diye 2 months ho gya abhi tak nhi refund
Mam, deductor ne tds deposit nhi kiya nd actual mein meri salary se tds deduct hua hai .maine apni ITR mein tds claim krliya jis wjahh se mujhe notice of demand issue hua hai..iss situation mein kya kre?
@@heenachumber8411 ask your diductor to deposit the tds
@@Nama_CA actual company bankrupt hogyi hai ..jis wajah se company se koi response nhi mil rha ..nd Maine apni payslips ke base par itr file kr d..mam kya itr revise kr skte hai ? Jo 26as mein show ho rhi hai credit amount uss base par ? please suggest me mam 🙏🏻
@@heenachumber8411 yes
Presentation is super❤ most helpful
Glad you liked it
DEAR MAM PLZ GUIDE ME MY SON'S NET TAXABLE INCOME FROM SALARY AND OTHER SOURCES IS 429011 + STCG EQUITY 17251 = 446262 ( NEW REGIME) AND IT DEPTT ISSUED A TAX DEMAND U/S 143(1). WE CAN REVISE THE RETURN UNDER THE OLD REGIME AT THAT TIME
Yes you can revise the return under old tax regime.
@nama_CA, can i exercise RSU during notice period?
Thank you mam for your detailed explanation with example
Ma'am in case of after paid demand and disagree partially demand when would be deleted demand notice from portal or we should be revise ITR . please reply
Whether, shares held in foreign depository beneficial owner account, are to be shown every year in Item A2 of Schedule FA, in the ITR?
Yes