Synergetic Reliable Advisors is a company located in the heart of Pune city situated in the state of Maharashtra, India.
The company has a countrywide network of dedicated professionals placed at all the strategic locations across India. We are a company of dynamic, dedicated, experienced and multi-talented Professionals. We offer well balanced and unparalleled business and industrial advisory services. A high powered consultancy with a modern outlook and in sync with the traditional practices of our profession. We offer a spectrum of specialized professional services under one roof.
23/11/2022
An E-Way Bill is mandatory for inter-state as well as intra-state movement of goods or is E way bill required for e invoice. In most instances, it is the supplier who creates the E-Way Bill. However, the recipient or transporter may also generate it provided they are registered under GST
Moving goods without an e-Way Bill is illegal and carries a fine of Rs. 10,000.
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078880 50001
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22/11/2022
Uses and benefits of e-billing
It also automates collecting payments, invoice tracking, sending out recurring invoices, etc. It is used to get paid quickly and securely. It offers a win-win situation for both business and customers by offering faster, convenient and secure modes of payment.
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078880 50001
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20/11/2022
E-invoice resolves and plugs a major gap in data reconciliation under GST to reduce mismatch errors. E-invoices created on one software can be read by another, allowing interoperability and help reduce data entry errors. Real-time tracking of invoices prepared by the supplier is enabled by e-invoice.
contact-
078880 50001
mail- [email protected]
18/11/2022
GST will prevent cascading of taxes by providing a comprehensive input tax credit mechanism across the entire supply chain. Such a seamless availability of Input Tax Credit across goods or services at every stage of supply will enable streamlining of business operations.
contact-
078880 50001
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27/10/2022
LTCG and STCG are discussed in greater detail below, as well as the tax consequences of these gains.
Long term capital gain tax
Investment options that have been held for more than a year at the time of the asset’s sale are eligible for long-term capital gains. It is based on the difference between the sale and purchase prices of assets that have been owned for more than a year. In other words, this profit is the net profit that investors receive when selling this asset.
Listing equity shares are included in qualifying investment options that generate long-term capital gain (LTCG) over a period of 12 months. To be considered a long-term capital asset, an unlisted equity share must have a holding period of at least 24 to 36 months.
Short term capital gain tax
A capital gain is a profit realized through the sale, transfer, or disposition of an investment property or asset. The profit generated from the sale of these properties is referred to as short-term capital gain if the holding period is less than 12 months (in some cases 36 or 24 months).
Short-term investment in equity shares is defined as a period of less than 12 months (or 36 months) in duration. To calculate short-term capital gains, the difference between a share’s purchase price and its sale value is known as its basis. To understand the tax consequences of a share’s gains, it’s important to calculate them.
website- https://www.srai .co
contact-
078880 50001
mail- [email protected]
24/10/2022
Let's celebrate the festival in the true sense by spreading joy and light up the world of others.
22/10/2022
May this year be filled with great opportunities and bring luck to you and your family!
Happy Dhantresh
19/10/2022
In the case of investment in mutual funds through SIP, each instalment is considered a fresh instalment. Therefore, the holding period of each instalment is calculated.
website- https://www.srai .co
contact-
078880 50001
mail- [email protected]
17/10/2022
Crypto Tax India Key Points:
Profit from the sale, swap or spend of any crypto assets are taxed at a rate of 30% (plus surcharge as applicable and 4% cess).
Profits are taxed under section 115BBH.
Lower tax on long-term capital gains is not available.
No deduction, except the cost of acquisition, is allowed.
TDS of 1% is to be charged on transfer of VDAs.
The tax rate of 30% is applicable from April 1, 2022 and TDS of 1% is applicable from July 1, 2022.
website- https://www.srai .co
contact-
078880 50001
mail- [email protected]
05/10/2022
. Good wishes for a joyous Vijayadashami! Just like the colours and lights of the festival, may your life be filled with all the joy and prosperity in the world. Happy Dussehra!
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contact-
078880 50001
mail- [email protected]
29/09/2022
The audit under section 44AB aims to ascertain the compliance of various provisions of the Income-tax Law and the fulfillment of other requirements of the Income-tax Law. The audit conducted by the chartered accountant of the accounts of the taxpayer in pursuance of the requirement of section 44AB is called tax audit.
website- https://www.sraiwebsite- https://www.srai .co/
contact-
078880 50001
mail- [email protected]
29/09/2022
During the process of auditing, both errors and frauds are discovered. Auditing also helps prevent such errors and frauds. It creates a fear of being detected. So auditing helps us minimize the risks of errors and frauds in our books of accounts but does not eliminate the risk entirely.
website- https://www.sraiwebsite- https://www.srai .co/
contact-
078880 50001
mail- [email protected]