USDT Arbitrage | Income Tax Returns | CA in Mumbai | Chartered Accountant | ITR Filing | Recover Money Crypto Scam

 

 

CA Mitesh and Associates - Chartered Accountants India

 

Specializing in NRI Tax Services, Crypto Accounting, Taxation, and Compliance. We handle Income Tax Notices and provide advisory on FEMA & PMLA.

NRI Taxation India: Notice Under Section 148A, 148 and e-campaign

The Income Tax Department, leveraging advanced database systems, now captures various financial transactions of taxpayers, including Non-residents (NRIs, OCIs). Despite assumptions that foreign source funds aren't taxable, the absence of Indian Income tax filings prompts the department to verify potential tax evasion and the sources…

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NRI Taxation India: Sale of Immovable in India | FAQs

The taxation of non-resident Indians (NRIs) in India upon the sale of immovable property is an important aspect governed by Indian tax laws. When NRIs sell property in India, they encounter specific tax obligations and considerations that necessitate careful understanding and compliance with Income Tax…

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NRI Taxation India: Residential status | FAQs

Residential status under the Income Tax Act determines an individual's tax liability in India. It is primarily based on the individual's physical presence in India during a financial year (April 1 to March 31). Answer: Under the Income Tax Act in India, an individual's residential…

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Pig Butchering Crypto Scam via WhatsApp & Telegram

This latest crypto scam has earned its name due to its well-orchestrated and highly interactive nature, designed to lure victims into investing more funds before being financially exploited. The "Pig Butchering Crypto Scam" has people scratching their heads because the cryptocurrency exchange is asking them…

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Pitfalls of P2P trading

It has been reported by a number of clients that Indian authorities have taken action to freeze their bank accounts due to their involvement in P2P trading. This post is to inform you about the potential risks associated with engaging in P2P transactions. Crypto P2P…

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Accounting for Cryptocurrencies

Numerous challenges arise in the practical work of chartered accountants, often due to lack of specific accounting standards to address them. Cryptocurrencies, such as Bitcoin, serve as a notable illustration of this dilemma. Given the absence of dedicated accounting guidelines for cryptocurrencies, accountants find themselves…

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Indian Man Recovers $43,000 lost in Crypto Scam

Finally a good news on Crypto Scams front - Indian Man Recovers $43,000 lost in Crypto Scam A mobile store proprietor in Maharashtra's Thane district, who had fallen victim to a cryptocurrency scam losing Rs 36 lakh (US$43,953) over a year ago, has successfully reclaimed…

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