P Taurani & Company

Directions

P Taurani & Company Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from P Taurani & Company, Accountant, Bhopal.

Our Firm continuously strives to be the premier accounting and consultancy firm that provides excellent service to our clients and an excellent quality of life for our associates .

21/09/2026

📊 Income Tax Audit – Kiske Liye Applicable Hai?

Kya aapke business ya profession par Tax Audit applicable hai? 🤔
Turnover, receipts aur income ke basis par Tax Audit ki applicability decide hoti hai.

🎯 Is reel mein jaaniye:
✅ Kin businesses par Tax Audit applicable hai
✅ Professionals ke liye rules
✅ Turnover limits aur important conditions
✅ Tax Audit se judi zaroori baatein

📌 Reel ko save karein aur kisi business owner/professional ke saath share karein!

P Taurani & Company – Chartered Accountants
📞 9893129772

18/08/2026

Early Morning

17/08/2026

Are you hiding foreign assets? 🚨 Don’t let UNDISCLOSED foreign assets cost you huge penalties under the Black Money Act!
From foreign bank accounts and stocks (US stocks/ESOPs) to overseas property and crypto held on foreign exchanges—Schedule FA compliance in your Income Tax Return is mandatory for Indian tax residents.
⚠️ Key Reminder: Non-disclosure can invite penalties up to ₹10 Lakhs per year, plus severe tax implications!
Got foreign investments or received stock options from your offshore employer? Get your Schedule FA audited and filed correctly before the due date.
📩 DM for professional assistance or tag someone who owns US stocks!
Option 2: Informative & Step-by-Step
If you own overseas assets, read this before filing your Income Tax Return! 💼📊
Many taxpayers unknowingly omit foreign assets in Schedule FA, leading to unnecessary scrutiny and heavy non-compliance notices under the Black Money Act.
What needs to be disclosed in Schedule FA?
🔹 Foreign Bank Accounts & Fixed Deposits
🔹 Foreign Equities / US Stocks (including vested ESOPs/RSUs)
🔹 Overseas Real Estate or Financial Interests
🔹 Foreign Life Insurance Policies or Trust Holdings
📌 Note: Even if these assets generate zero income during the financial year, reporting them is mandatory if you are a Resident and Ordinarily Resident (ROR).
Ensure accurate reporting and avoid hefty penalties. Save this post for your ITR filing! 📌
Option 3: Short & Catchy (For Quick Reels)
US Stocks hai? Foreign Bank Account hai? 🛑 Stop scrolling!
Failing to disclose overseas assets in Schedule FA of your Income Tax Return can attract a penalty of ₹10 Lakhs under the Black Money Act!
Whether it’s vested ESOPs, foreign mutual funds, or overseas accounts, transparency is key. Don’t risk notices over simple compliance errors.
💡 Consult your professional and stay tax compliant today.
USStocks ESOPs CA TaxTips India

17/08/2026

Don’t fall into the trap of thinking “Agricultural income is tax-free, so I don’t need to report it!” ❌
Even though farm income is exempt under Section 10(1) of the Income Tax Act, non-reporting can land you an Income Tax Notice. Here is why filing ITR-2 is crucial if you have farm income above ₹5,000:
🌾 1. Tax Rate Escalation (Partial Integration):
Your agricultural income is added to your non-agricultural income just to decide your tax slab! Skipping this leads to lower tax computation, which the IT Department flags as tax evasion.
🌾 2. Explaining Bank Deposits:
Cash or transfer deposits from crop sales in your bank account need a legitimate tax-return trail. Without ITR reporting, the Income Tax Officer can treat those deposits as “Unexplained Income” under Section 68 and tax them up to 60%+ surcharges!
🌾 3. Asset Creation & Loans:
Want to buy property or get a loan approved? Banks look at reported agricultural income as verified proof of cash flow and repayment capacity.
Who needs to file ITR-2?
Individuals with agricultural income exceeding ₹5,000 along with salary/business/other income.
Note: If agri-income exceeds ₹50 Lakhs, detailed disclosures of landholdings (district, acreage, ownership details) must be declared in Schedule AL!
Save this post for filing season and share it with someone who owns farm land! 📌

02/08/2026

Paytm QR scanner par payment aayi toh GST bill banayein ya nahi? 🤔💸

Bohat se retailers ko lagta hai ki UPI / Paytm se small payments aayein toh har ek ₹50 ya ₹100 ka alag bill banana padega... par GST rules is par bilkul clear hain! 📑👇

💡 GST Rule Breakdown:

1️⃣ Sale Value < ₹200: Agar customer Unregistered (B2C) hai aur bill nahi maang raha, toh har choti transaction ka alag bill zaroori nahi hai. Aap din ke end mein ek Consolidated Invoice bana sakte ho!

2️⃣ Sale Value ≥ ₹200: Chahe payment cash ho ya UPI, har transaction ka Individual Bill banana mandatory hai.

3️⃣ No Billing / Tax Evasion Penalty: Agar UPI ka Paisa bank mein aaya aur aapne bill nahi banaya, toh Section 122 under GST ke tehat ₹10,000 ya 100% Tax Evaded (whichever is higher) ki penalty lag sakti hai + 18% Interest!

⚠️ Remember: Banking transactions GST Department se match hoti hain. Clean billing karo aur tension-free business chalao!

💾 SAVE THIS REEL for future reference!

📲 SHARE THIS with your retailer friends & shopkeeper groups!

💬 Drop your GST queries in the comments below! 👇
#ɴᴀʀᴇɴᴅʀᴀᴍᴏᴅɪ

31/07/2026

Income Tax loksabha

Address

Bhopal
462001

Website

Alerts

Be the first to know and let us send you an email when P Taurani & Company posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Shortcuts

Share

Category