"Greetings to Everyone, I am Bhavik Hansa Prakash Chudasama, a Practicing Chartered Accountant based in Thane, Maharashtra, and the proprietor of Bhavik Chudasama & Co., Chartered Accountants. With over a decade of experience in the industry since 2009, I specialize in the following areas: Taxation: VAT, Income Tax Return Filing, Tax Audit, Income Tax Scrutiny, Drafting of Appeal Documents, Income Tax Appeals. GST: GST Compliance, Filing, and Audit. Auditing: Bank Branch Audits and other statutory audits. In addition to my core expertise, I have a strong background in Information Technology and proficiency in tools such as Tally ERP 9, Excel, PowerPoint, Word, and other accounting software (e.g., TFAT, Flexi). I am committed to providing efficient and reliable professional services tailored to meet the unique requirements of my clients. Feel free to reach out for any professional assignments: ?? Call/WhatsApp: 8080172535 ?? Email: office.bhavikco @ gmail.com You can also follow us for updates and insights: ?? Instagram: @ bhavik_chudasama_and_co ?? Facebook: Bhavik Chudasama & Co. Looking forward to connecting with you!"
The article explains the legal distinction between ITC reversal on opting for composition and tax liability on sale of capital goods. It clarifies when Section 18(4) and Section 18(6) apply under GST law.
Even if seafarers fail the 182-day NRI test due to crises or travel delays, foreign salary may still remain tax-free. RNOR status and CBDT Circular 13/2017 provide key protection.
Explains how cross-border payments are classified as business profits or royalty/FTS and highlights why contract substance—not invoice labels—determines taxability.
Learn how Section 54F can help you save tax on long-term capital gains from assets like land or gold by investing in a residential property. Discover key conditions and how even unplanned home purchases can lead to significant tax exemptions.
Learn the risks of filing your own Income Tax Return (ITR), from AIS mismatches and wrong forms to missed deductions and penalties for undisclosed foreign assets. Expert help saves money in the long run.
Learn about Reverse Charge Mechanism (RCM) under GST, its applicable goods/services, suppliers, recipients, and GST rates. Stay updated with CBIC notifications.
Explore tax implications of intermediary services under IGST Act, including place of supply, inter-state supply, and export of services.
Learn about GST audits under Section 65 of the CGST Act, covering provisions, timelines, documents required, audit scope, and compliance measures.
Explore Section 61 of CGST Act, covering scrutiny of GST returns, officer’s authority, taxpayer obligations, and implications for compliance and discrepancies.
Learn about the GST Amnesty Scheme 2024, Section 128A, and its process for interest & penalty waiver for taxpayers from 1st July 2017 to 31st March 2020.
