Tax Planning : Tax Haven & Transfer Pricing Basics

[@amudupa]

I am not a Commerce student nor do I own any business. I work in the IT sector, yet I have been binge-watching your videos...not sure why...😄

[@ishangyan9051]

because that's not how we are taught in school

[@ishangyan9051]

this is actually interesting

[@namanghosal5520]

Not a CA student but watching it our of curiosity, able to understand everything very clearly. Thanks for the simple explanation!

[@kushagraagarwal8227]

If mast-mola sold such alloys in India then it is also taxable in India, because as per tax incidence and residential status chart : any income accrue or arise in India whether received in or outside India shall be taxable in India for all R/RNOR/NR. I don't understand why sir said that it will not be taxable in India.

[@spoilereleven231]

The examples, the connection, the flow, the lucid explanation Hats off. Great work sir

[@kushagraagarwal8227]

If mast-mola sold such alloys in India then it is also taxable in India, because as per tax incidence and residential status chart : any income accrue or arise in India whether received in or outside India shall be taxable in India for all R/RNOR/NR. I don't understand why sir said that it will not be taxable in India.

[@akashjjaiswal01]

No bro it's not an income accrue or arise in India it's an export by mast maula, if the POEM of Mast maula was in India then it will taxable in India otherwise not

[@akshrein]

As soon as i am done with my last group of inter i will first take your classes.I've been watching your videos and i really love it you really tell students about how it is actually done which most teachers dont tell.. thank you sir!

[@lainqinh9350]

I took regular class of tax in laxmi nagar.. they didnt taught me the Concept behind making the law... But this sir is too good if u watch and understand him word by word he can make u score 95+ in taxation and u will love the subject

[@aravindhashokan1304]

Your videos deserve more views and you deserve more popularity . Thanks to youtube algorithm for bringing up your videos in my recommendation

[@deepjayswal2554]

Kya bat hai sirgi I am not ca student but I really loved your video....😌

[@shortlearn]

Guruji hm toh CA bhi nahi karte hai bass shaukh ke liye sab sikhna chahte hai but still maja aa gaya, love you brother 🥰

[@BPASurajNarayanan]

Hi sir. I haven't started my tax classes yet for CA Inter. The amount of knowledge I have about IT is from the taxes I do for my parents and my sister. I love the way that you show modern methods of evasion and how the government curbs it. This has made me want to study direct taxation eagerly (And sometimes, even consider getting into the IRS!) Thank you so much sir

[@TaxationWithCASahilJain]

All the best for your journey into the world of taxation

[@BPASurajNarayanan]

@@TaxationWithCASahilJain Thank you so much sir

[@HeyyMayur]

@@TaxationWithCASahilJain sir what if companies are own by different person ??

[@pinkynandi8894]

@@TaxationWithCASahilJain sir brother ke naam me shell company khole to

[@kushagraagarwal8227]

@@TaxationWithCASahilJain If mast-mola sold such alloys in India then it is also taxable in India, because as per tax incidence and residential status chart : any income accrue or arise in India whether received in or outside India shall be taxable in India for all R/RNOR/NR. I don't understand why sir said that it will not be taxable in India.

[@mayankkumar9861]

Thanks sir, very helpful for upsc prelims indian economy

[@pranavagarwal4338]

Nicely Done sir , excited to have CA final classes from you. 😀

[@harshh_42]

Hello sir, I'm a foundation Student but it was crystal clear to me ur a fabulous teacher ✨👍🏻

[@josephinebardot8403]

I like your video presentation. It is informative too, at the same time. Thanks a lot for your guidance!

[@rachitgupta2336]

not a CA., not from financial background., but what about import duty , export duty., there might be some receipts or in book you will show it ., right ?

[@mahimajaiswal4225]

Hello Sir, I am a qualified CA and during this period I am trying to gain a deeper understanding of direct taxation as I am left with more time. Can I ask you the queries I come accross and if yes, where?

[@TaxationWithCASahilJain]

That's definitely a good way to spend time. You can whatsapp your queries to 8939737672 or send an email to the address given in description.

[@pinkynandi8894]

@@TaxationWithCASahilJain sir how tax haven earn money

[@peacelove654]

As far as i know tax haven are tax free for income tax only..in reality they imply goods and services tax and other indirect taxes and earned revenue mostly from government owned enterprises...eg..like oil business in dubai ..

[@dhanrajjadhav3734]

@@TaxationWithCASahilJain Can we take that 45 lack as loan and end of the year we can give that 45 lack +. Intrest to our shell company..? @

[@TheMotorman1981]

@@dhanrajjadhav3734 If your shell company is earning interest and paying taxes on interest income then you can easily do it.

[@shivamyadav-to8rr]

Isme 1.1 cr net profit kaise aya please someone reply me aur jab 10 ,000 ke hisab se mastmola ko denge tho kaya alloy wala Ltd. me transaction add nhi hoga

[@gauravmulakpariya]

Shell co cayman islands me oen krnge to vha b koi office to chaiye hoga.. Vo b address to mangte hi honge. Like registered office of company?

[@travelneducation-djcreatio3645]

So wonderfully explained. Outstanding

[@kunjansharma8144]

sir i am follow you last 6 months, your mentor is inspiring me a lot.,sir i have a question is that "How to manage CA Final Classes and Study along with articleship." can you please make a separate video on this question.

[@ankitrai1441]

Aaj raat ko aapke bohot sare videos dekhe abhi yaad aaya mai to science ka student hu 😂😂

[@anjalpatel3803]

Same😂

[@maheshsoni1796]

Gst e-way bill or transportation cost and time consumption for export and import

[@sagarchhatani8844]

Hi Sahil, Like your videos for how you select and structure your content. Thanks a lot for making these videos. 🙂

[@Just-a_dil]

sir what about excise/ custom duty?

[@devgupta6654]

Kaafi accha knowledge mila sir...I love this video..

[@RehanChamp]

I'm just a commerce student and love your videos i have a doubt what if Indian entity gives deep discounting to other company?

[@vss465]

Waiting for next class of this topics

[@deepakjain8515]

Plz explain about import duty too How much it could affect cost for the customers as it would be import for them.

[@raghu6502]

Thanks for very informative video sir.Excited to learn taxation from you.

[@niteshsharma3691]

Sir, out of india ki companey ko kisi or name is lekar bi to transtion kar sakte h govt. to oner ki companey dekhegi but ham oner ke name se na lekar kisi or ke name se le to e.g-family mamber

[@TaxationWithCASahilJain]

The definition of "associated enterprises" is very wide. It covers a lot of situations which prevent such tax planning from happening.

[@niteshsharma3691]

@@TaxationWithCASahilJain thnx for replay 🙂

[@ChandanKumar-ry5id]

Sir pls upload the remaining part of income tax revision marathon 🙏

[@rushabhsheth7985]

Sir, any income generated from India is taxable in India. So in this case the shell company must pay tax to India as income was generated from India.

[@VijayKumar-pz1pj]

Sir isme custom duty ka role bhi to aa sakta he..

[@omkarchavan2901]

Sir there is no continuation after this video.. the case study was ment to be in 4 classes right.. Can you please complete the whole series of this

[@pratikchakraborty1122]

Sir thanku so much for these videos.. Please keep uploading this type of videos 😊😊

[@newinventions9488]

Sir yadi comersiol vihcle me g.s.t saved kar h to. Eska saved pesa company ki g.s.t me kat jayega ya yearly income tax me kat jayega.pls sajest...

[@Srikanthsri-qd2rr]

But as per transfer pricing the selling price would be taken as 30,000 instead of 10,000 as the selling price to a outside customer is 30k , as this was sold to associated enterprise, then at the time of tax calculation that profit will include in total income and taxable accordingly is it right? Then how the benefit we will get

[@TheNRATHI]

Exactly..I also had the same doubt and was searching for someone who noticed it

[@abhishekm1361]

Can we claim HRA if I pay rent in cash to my owner?

[@jatinjuneja1918]

Really loved how you explain practical world of taxation. Sir can you make a video on Global corporate minimum tax reform and equalization levy and their impact in India.

[@ammy2712]

What about Import duty while importing 450 alloys to India? It will add up to cost. Then how much we save?

[@vaibhavgiria5997]

1.Services bechne pr Kam thoda aur aasan ho jata hai 2.Also how will you spend the money from cayman island 3.And will you bring the money from cayman to India 4.if you bank transfer from cayman to india such a huge sum it will create a question in department

[@shekhjamsherali7486]

In second case the physical goods in India, the money of selling in India also then how can you transfer money others country, second case we can send our product other country and also transfer money when Book profit then also transfer money to India that to very complicated case. Transaction have some charges money transfer charge and goods import export charge.

[@dictatormedia4841]

I am a class 12th student moving into eng 1st year but these things excite me so much

[@saqii_vloggggggssss2160]

Sir ek yeh cheez bhi toh ho skti h ki maie India me 2 entities open kru....ek entity se fair price pr sell aur dusri entity se tax haven companu se zyada price ka purchase dikhau let say 50 thousand ka aur India usee 30 thousand ka bechu which I can claim as loss ???🤔🤔🤔

[@jasmeerkumar]

@Taxation with CA Sahil Jain sir jab Mastmaula ne India me c yhaa tax kyo nhi pay kiya

[@yashagarwal9024]

Eagerly waiting for next part of transfer pricing..❤️❤️

[@manishjain9121]

Finally something interesting!!

[@rishabharora1451]

Sir first of all very nicely explain thankyou for such amazing lecture. But I have lot of doubts regarding this 1) Sir aap yeeh btaaao ke actuall me kya haamne physical dilevely kri h island me alloy ke. If yes toh sir uss island me coustom duty bhi lagegi and wha se jaab wapas aayega maal to coustom in india me bhi lagega. 2) and second sir abhi money mastmaula ke bank a/c me hein agr director ko paisa chaiye aur vo apne a/c me tranfer krenge as dividend to to sir income received in india as dividend pe bhi tax lagega. Ham iss ko kaise save kr skte h tax se sir.

[@TaxationWithCASahilJain]

Thanks for the appreciation Tanya 1) In reality, profit shifting is done through royalty payments and such movement of goods is mostly not involved. 2) Money can be brought back to India by way of capital investments or loan etc. There will be no tax implications in that way. As I mentioned in the video, this was our first class on transfer pricing which is why I just mentioned a basic transaction which certainly has loopholes. As and when we went further with the classes, we make this transaction much more complex and real. Happy learning!

[@rishabharora1451]

@@TaxationWithCASahilJain thank you so much sir, for making direct tax intresting.

[@mapa5497]

Sir yeh deemed to accrue in india me cover nahi ho jayega? POEM..

[@mohithearthaker]

More than half of the video length is due to unnecessary repetition of same statements... this whole video could have been concluded in hardly 10 minutes if he would have delivered the content point to point.... Bt anyhow, great job.. Thx 4 sharing... 🙏

[@utsavgandhi9464]

Really like your explanation. From where can I see your continuation videos of this topic??

[@poetinsleep1]

What about transit costs 🤔? Import of alloy will attract duty 🤔?

[@adithyavasudevan4036]

So how does the Indian customer pay the company in Cayman Islands? You left out this bit.

[@arpitmehta2048]

Will there be not Variable expenses or import duties to bring alloys to India from the shell company ? - Not from Commerce background

[@ranrath756]

Will it be not considered export duty to declare since sending goods outside country in paper and then import duty to sell back in India

[@abhisheka5511]

What about expenses of export duties, import duties and transportation expenses…?

[@padmshripatil7446]

Sir such mai aisa kr sakte hai kya??

[@CHARVAK]

The way u teach is 👌

[@krushnashinde6578]

Sir if we want to bring that money in India then what is expense or tax ?? Income of every person in India is taxable in India then that 90 lacks also taxable

[@peacelove654]

Wonderful explanation ...but legally its not applicable in present context for tangible goods because of application if transfer pricing and under invoicing rule ...

[@rishabhdixit3766]

Sir is case me to reduce nhi kr skte tax then koi aur tareeka nhi hai kya tax planning ka ?? Sir kafi curiosity badha di hai aap ne 😀

[@aksaraisahotahai]

What will be the FCRA implications on this example?

[@sangeetagarg5312]

BTW, if company in cayman purchases all goods from the company its associate company in India purchasing and company in cayman sells through itself then it will remain with all profits without involving its associate company and this seems to be more legal.

[@vss465]

Please add next chapters of this series

[@k-bala-vignesh]

wont it be counted as export when selling to M (in Cayman Is.)? and when ordering from M (Cayman Is.) it would count as import and there would be import duty? Sorry for the silly question

[@cpanda7974]

Exactly same import duty will be higher for importer and there is thing called arm length price and at the time of export made by indain company and cannot able to sell for Rs10000.

[@DHANANJAYSINGH-ui5se]

Bitcoin Trading Mein Kis Tarah Se Yeah Scheme Apply ker Sakte hain ?

[@AnkitGupta5174]

Being a it professional , how to reduce may taxable income. I have used all the deductions.

[@TECHNICALQUERY]

What if the person actually establishes his company in Cayman island and do it's operations in India

[@Puneetsavantsage]

Great Study Sir ! I am Fan of your videos . In this Video how will the MASTMAULLA SEND money back to Sahil in India ? Will it through Investment BY Fiis ? KINDLY COMENT

[@ajsujit]

Isn't it possible to collude with a company in Cayman Islands and ask them for gifts?

[@shubhamtibrewal9441]

Good Initiative Sir.

[@kgarodiya]

Wouldn't the Income be accruing or arising from India - so the Income would be taxable even if the company is outside India. Also the POEM of the company is anyways in India so it could still be a Resident Foreign Company. Also, in case of B2B wouldn't the customer deduct TDS anyways for Foreign Payments?

[@dedipyabhattacharya6845]

Sir how can we use the profit of 90 lakhs accruing in the tax haven, as disposable income in India? Like if the amount is transferred back to India what tax implications will follow ?

[@rachitgupta2336]

also., import duty and export duty., how to bounce those ?

[@mukulabhishek4821]

sir income to accrue arise india me hogi becos resident payment krega to income accrue/ arise india me hogi to vo sir taxable hogi .to sir mastmaula ne tax kse bcha lia becozz income india me acrrue arise hui hai

[@rayyanjameel3335]

Maybe bcoz mast maula got registered in cayman Islands and not in India. Owners nd companies are treated differently in the eyes of law ryt.

[@krunalkabrawala6267]

In the event that profits are shifted to an entity in a non-taxable country, how can the money be brought back to India?

[@saugatadas5518]

What about Software services where no manufacturing or transfer of materials is required?

[@rakesh9805]

Nice teaching by you Sir. But my question is that they have made sale to tax heaven country. .but they have to bear the cost of custom duty also two times. At the time f sending good and bring back the goods.

[@nirmalor3668]

THE ALLOY IS NOT TRANSFERED IT REMAINS ONLY ON PAPAER DOCUMENTS ARE PREPARED AS PER REQUIREMENTS

[@ahardikp]

Ek ghpla hamare liye bhi Bata do bhai stock market F&O trading ka

[@Strange.things]

Sir what if I dissolve alloywala pvt ltd and do all my bussiness activity with mastmaula pvt ltd situated in caymen islands, then the profits will still be 1 cr but tax is 0

[@tirthanandi9623]

You cannot sell that 450 alloy in the Indian market. If buyer of 1550 alloy is from Indian market, he would have to pay some kind of duty to get that 450 alloy from outside India. Other method for Mastwala would be to sell that 450 alloy in the Cayman Islands itself.

[@ujagarpal2715]

Hello Sir, Is it legal or illegal to do the transactions with the SHELL COMPANY (in the case of Ghaplebaazi)? Waiting for the reply.....

[@khanna1986]

Sir, i pay Salary, Rent, Electricity all in cash but have no bills Can i show in itr ?

[@SyedAli-xi6pv]

Sir alloy ko transport karne mai paisa nahi lagega

[@sushantsingh8911]

Transport expence & Import Duty nhii lgayii dono lg kr itna Difference nii hoga jitna btyaa gya h 😂

[@dheerajsingh3199]

Sir plzzz upload this chapter as a demo class🧡.... love ur teaching style 😍😍

[@rohanshah6527]

Thankyou sir for sharing 😊

[@hshuhhowkjwdj]

Sir Factor Income From Abroad Pe To Kuch Tax lagega na?

[@aryansharmaindia]

I'm unable to find next video related to this video, can someone help me with this

[@yatra2434]

Is there next chapter available ?

[@GeniusAjinkya]

First of all, kudos to you sir, my interest is peaked. Sir, can this happen that alloywala will ask its seller to sell the same goods at same price to mastwalla, and then mastwalla will sell it. then there is no question of associate co. Even the seller will earn benefits for export

[@niketyadav1527]

sir please upload more real case study of tax evasion and tax planning

[@mayukhchatterjee6779]

Very interesting chapter start the next part and Sir please can you speak a bit slowly as I am a Non Hindi Speaker it becomes a bit difficult for non Hindi/Urdu speakers to catch all that Hindi quickly. But as I have commented earlier you Hindi is good but in the next video please speak a bit slowly Sir.

[@dakshgupta8415]

Is this case explained Legal

[@cutencoolarpit4u]

Waiting eagerly sir😀👍

[@kapil.sharmaharyana]

Sir ye jo goods apne btai hain apni shell company ko sell krne ki Ye goods reality mein shift hogi ya sirf books mein. Or jo reality mein hogi to freight, insurance etc or wo bhi aane or jane ka. Ye doubt dur karein sir

[@khanna1986]

Sir i trade in Stock market. Can I open company in Tax heaven country?

[@pinkynandi8894]

Hamara family business ka profit hai 2cr/year we give 24rs tax Should I divert it to tax haven

[@itz_SahilAhmad]

24 rs 😑

[@anshulpotbhare5140]

Where to get this chapter videos 😀😀😀

[@adityakothiyal3669]

sir but when we are showing that mastmolla is selling those 450 again in india...so will it not get taxed of import duty ?

[@TaxationWithCASahilJain]

To avoid such issues, these transactions are mostly structured around services and not goods

[@ayushverma4304]

Yes

[@atulram8206]

Where do I get the complete chapter's video lectures

[@casachinchetnani4360]

Please come up with ca final taxation classes too

[@boyinasaiakshith545]

He teaches CA final too....check his website

[@pareshpatra7912]

Sir how to use in stock market

[@Noobmaster2]

Sir do you really help people to pay less taxes by legal means or do you say them "bhai aese aese pakad legi. Pura tax de do"