Taxation - Direct Tax and Indirect Tax | Accountancy | JKSSB -FAA| Lecture 4| By CA Amarjeet Jaiswal

[@CSWK786]

I have seen and met many legends in my life but today after watching your lecture series on income tax the concept clarity and art of teaching topic is appreciable ...I don't have words to appreciate your efforts and commitment you are ultra legend sir ....May you live long 💝💝💝💝💝

[@Zero_to_HeroClasses]

Jee py focus kar being an civil boy

[@im.faizan]

Aap expert CA ho Sir.. kya mast se aap tax calculate karte ho.. maza hi aagaya.

[@shivduttsharma1750]

Sir, After listening to this lecture series I can't explain my respect for u both Lateef Sir and Amarjit sir, U r doing so much hardwork for us without any type of personal benefit which I think a great job in this 21st century era where everyone is so much selfish. Hats off to u both sir, I can't forget both of in my life . The way Amarjeet sir presented the whole lecture series of taxation is awesome and we like the way of his teaching. Great job sir, Thanku for introducing him. Lots of love from Jammu region🙏🙏. May u succeed further in your life.

[@32-rishavsharma39]

52:08 yes sir. Also einstien told his gardener that “physics is easy compared to managing a garden,” and to his dry cleaner that “relativity is much simpler than getting a wine stain out of silk.”

[@ananditasharma5819]

Bohot acha pdaya.. even basic concepts b bohot ache pdaye... outstanding... hats off🙏🙏🙏

[@motivateyourself6552]

This is called graceful style of teaching same like Lateef sir ,we are grateful to have u ,our indispensable part of preparation

[@Anonymous-xo5hu]

Ur way of teaching is amazing sir nd concept building is awesome with cool and calm personality 👍 May Allah bless u both Lateef sir nd Amarjeet sir🙏

[@Advaith_thakur]

After Listening these lec on income tax ..I have no words to show my respect towards you sir , Really appreciable ...you taught the real meaning of income tax Since today what m hv been learning ..I really don't know ..but now I got the whole knowledge about IT .....Thank you so much sir If the examiner will not ask any ques regarding the IT ..I have no regret because these knowledge definitely help all of us during lifetime ...👏👏👏👏👏🙏🙏🙏🙏🙏 Tysm again for wonderful lecture series

[@abhimanyukhajuria5615]

Understandable and memorized at the moment i'm listening it best way of teaching jst sunte sunte yaad ho gya hai Jst loved it ❤

[@Aspi_rant]

I regret ... Mana FAA k time apki ye video kyu nhi dekhi thi... U have explained everything so well. Thank you

[@peerzada4980]

Sir u deserves millions of likes and comments

[@manishabhagat5159]

Sir pls btaye ki kya ab budget 2021 pdna Chahiye ja nhii means iss year ke

[@allthings9568]

sir agar ap nai advance tax ki example liye and tax 54600 aaya then first installment calculate kiya then why you didnt continue that example and september par pohnch gaye and dusri kxh example liye it creates more confusion

[@mohdrazaq2664]

Lateef sir nothing left in my vocab for ur praise u are really down to earth personality I always pray to Allmighty u and your family touches the highness of sky because ur motto is totally different from others youtubers .once again sir Allmighty blessed upon u and increase ur knowledge day by day and InshaAlah ur effort makes our future secure .

[@Amansharma-kq5me]

sahi kaha bhai .. entire faculty is awsm

[@masgaming2762]

I understood this topic to the level where I can't miss those three mcqs. Thank you very much

[@SAHIL_SHARMA_123_]

Thanks sir 🙏 bhut ache se explain krne ke liya 🙏

[@visionforwardacademy8596]

Great,sir Miracle teaching,both Lateef sir,and u!!!

[@adilnabi01]

Respected Sir, First provide us mcq's regarding income tax and we will solve them and if some questions we will not be able to solve,then take a live doubt session and we will discuss them there.Thanks!Sir❤️💟❤️

[@saleemabegum299]

Ur way of teaching is osm...GBU

[@amanmeenia8391]

Ultra Legend Thanks Sir for making complex topic simple

[@HarjeetSingh-sv2ov]

Thank u sir.... This channel has best faculty....

[@majidvlogs2626]

Surcharge ka samjh ni ah raha

[@nidafatima5443]

Sir your teaching is of next level....

[@shikharajput9847]

Sir apne btaya tha AOP me firms and companies b aati hai...as also mentioned in notes Phr ab aapne btaya firms and companies return of income form krti hi hai.. but AOP according to the condition...please clear this doubt

[@AadilKhan-ub1du]

Thanks may Allah show u the devine path. ...

[@shoaibahmad3727]

sir, i think we should go for MCQs with easy-moderate-hard level difficulty.

[@Mehdarobaid]

Best lectures on Tax

[@j4jaamun]

Worth appreciating. Thanks a lot sir!

[@infinitium3863]

No Sirji, we are thankful that aapne hume apna itna valuable time diya. God bless

[@azharmehmood7768]

Thank you sir for your valuable time and information

[@munishgarg4189]

How can I get ur Taxation notes displayed in videos?

[@eactclasses]

Telegram

[@RahulSharma-te3vs]

Sir I case of government employee salary is fixed it means he knows exact amount of tax he had to pay then why he paid advance tax

[@Misba-cs3eo]

Taxation_ dry topic... But you make it easy... Thank you sir.

[@ahmadbhtt5820]

Sir u explained it magnificiently...Thankyou

[@ashaqhussain8226]

Crystal clear thanks

[@ishfaqamin3010]

Crystal clear sirg sirf thoda remember karna hai otherwise aapne jo padaya wo poora precisely dimaag main raha. Hum chahtey hai pehle mcqs ho sir from the easy level upto moderate then next topic indirect tax sir

[@sairamajeed9825]

Sir what will be the tax rate on above 5 lakes in case of less than 60 .. You are telling somewhere it is 40,000 & somewhere it is 60,000 & somewhere it's 1 lake

[@ssajad781]

Agar 5lk sa zada hai to phalaya 2.5lk pa kuch nai phir jo rakam bacha 5lk tak us pa 5pec phir jo 5lk sa zada hoga us par 20pr ..

[@varunpandit022]

4%of 52000 is 2080 why you wrote 2100 sir. Did you rounded off the figure there too?

[@majidvlogs2626]

Asses kyu lgate 4%

[@ishfaqamin3010]

Aur sir tds kaise hum minus kar saktey hai bcz wo toh assessment year main humko wapas refund hota hai na

[@Zero_to_HeroClasses]

How much marks from taxes ?? I think agr ayaa then 2 marks as per syallabus strategy but jkssb ka andaza hai kissi ko ? Sir ?

[@ishfaqamin3010]

Return of income main local authority ka kyun mention nahi huva hai

[@taranjeetkour5837]

Sir apne bola agr hum due date tak tax ne barte to upto 5lakh ....1thousand panality lgae ge....jabki 5 lakh tak to tax hum barte he nehi hai...rebate include krke chle to

[@eactclasses]

Do not read provisions only from the perspective of Individuals .. there are other 6 types of persons also who do not get rebate benefits..

[@ishtiyaqahmad7300]

Excellent sir ji

[@shivanibhagat143]

Thanku sir for v good lectures .. Ur way or teaching is very nice. We can easily understand this

[@ishfaqamin3010]

Sir pehle advance tax calculation main apne on Or before march 15 tak advance tds nahi add kiya phir on Or before 15 September main advance tds add kiya aisa kyun sirg

[@eactclasses]

Wo estimated TDS hai on total estimated income of PY .. if u are certain ki meri jo income hai ..uspe TDS Kate ga to app estimated TDS bhi consider kr skte hai jaise aapne estimated income consider kia.. But if u want to be more conservative, to jo apka actual TDS kata hai past period me aap wo bhi le skte ho.. There is no fixed formula in advance tax since it is an estimated tax.

[@ishfaqamin3010]

@@eactclasses sorry sir apne mera question nahi samja 15 march pe sir ne example main tds nahi include kiya aur 15 september pe dusri example dekey tds ko include kiya. Ek jagah kiya aur ek jagah nahi aisa bol raha hoon main sir. Plz resolve my query

[@learneasily9807]

@@ishfaqamin3010 zaroori nhi har person ka TDS kata ho...Agr ha too include krna ha ..agr nhi ha too include kaise hoga phr

[@sumanbala8410]

Sir overall compiled vedio lao jo concept hme jaad rkhna ha isme se

[@yasirahmed7298]

Agyaa smj sir thanks

[@arjundubey5114]

In advance tax,Does estimated income taken for its calculation is same on every instalment or it would vary on different installment... Can u plzz rply?

[@eactclasses]

It will vary and you will pay advance tax as per latest estimate. Fr saal k baad jo actual income hogi. Uss hisaab se ktna bhrna chahe tha woh dekhega income tax dept. agar kam bhara hoga tou interest lagega

[@twinklesharma4223]

Not ordinary ? Residential

[@allthings9568]

in advance tax if you are calculating income of whole year and then paying 15% on 15th june then why are you again calculating total income of whole year and that too different one in september yeh logic kxh samjh nhi aaya

[@sharafatali731]

Thank you sir. Helpful session

[@shahidmir1314]

Sir why did u pay TDS of third period in 2nd periode as third period has not yet come....

[@eactclasses]

Wo estimated TDS hai on total estimated income of PY .. if u are certain ki meri jo income hai ..uspe TDS Kate ga to app estimated TDS bhi consider kr skte hai jaise aapne estimated income consider kia.. But if u want to be more conservative, to jo apka actual TDS kata hai past period me aap wo bhi le skte ho.. There is no fixed formula in advance tax since it is an estimated tax.

[@shahidmir1314]

@@eactclasses but sir y u not calculate the estimate TDs of all the periods in first quator in first period u estimate the TDS of first quarter only....

[@eactclasses]

Wahi bol rha hu dost.. both ways are correct.. in first case.. hum total estimated TDS for whole PY bhi le skte the...lecture me dono tarike dikhae hai in two different examples..

[@chatoreylog4290]

great knowledge great teacher.

[@sahildar430]

Sir, kya hum ist installment pai bi upto june 25 actual TDS dektai hai our uss kai baad upto 31st march tak estimated TDS nikaltai hai on estimated income from 15 june to 31st march Plzz rply

[@eactclasses]

Yes..Absolutely correct 👍

[@sahildar430]

@@eactclasses Thank you sir❤️❤️❤️❤️

[@skytouchacademy3930]

Sir i needed this book... please how can I get

[@rayeeswani8777]

Sir I think start with the indirect tax and then provide the combine mcq set for both types of taxes

[@RahulSharma-gp6fe]

Is there any benefits for paying advance tax as compare to annually

[@eactclasses]

Yes.. it is beneficial.. may not be for you but for the govt. ..for you, it is law and u have to comply it..

[@Nagar_Sir]

Thank you sir, I think this is enough information for a civil services aspirant..

[@irmjan9323]

May Allah bless Amarjeet and lateef sir...🙏

[@zabaishahmed7659]

sr lots of love ❤️ of ur effort...live long srr

[@adeelbhat7781]

Thanku thanku thanku so much sir❤️❤️❤️❤️ May ALLAH bless you. Lots of love from Kashmir ❤️

[@wassimrashid6366]

Thkns sir firstly mcq on Direct tax

[@miraamirsuhail]

Sir is every previous year an assessment year also and vice versa??

[@eactclasses]

Yes..

[@thakursaab95]

superb sir ji

[@nidhimahajan3455]

Appreciable teaching 👍👍

[@shahidbhat1006]

Amazing lecture

[@pronunciation786]

Who will estimate the income for paying advance tax? Is it govt or the person himself? If it's person himself why would he reveal the true picture of his income?

[@eactclasses]

Person himself will assess.. if u do not pay advance tax on actual income.. interest will be charged in addition to tax when u compute your final tax liability in AY..

[@pronunciation786]

Thanx sir

[@pronunciation786]

Is 15% the maximum value of advance tax to be filled in first installment or a person can deposit more and the rest will be counted as advance for the next installment?

[@eactclasses]

It is upto your decision.. jada paise aayenge to govt. Ko kya dikkat hogi.. but normally no one does it.. coz it involves financing cost..

[@tanveermagray7646]

Sir when will indirect tax part will come...?

[@amirnazir2074]

Sir how do i get the pdf notes or is there any book published by u available in the market..

[@eactclasses]

Book is on telegram @calateef

[@amirnazir2074]

Sir i just checked it but i couldn't find it... I find some notes and that too not in sequence... Plz sir guide me how to find it there..

[@eactclasses]

Usi mein hai. Wahan files mein jao. Mil jayenge donu books

[@amirnazir2074]

@@eactclasses ok thanks sir...

[@zubysheikh6280]

Indirect tax GST kaha hai sir

[@sahilk440]

Thanks

[@vsbhutiyal3844]

Sir, juridical person ka question hai... Agr koi masjid hai us case me... Tax slab check kese krte hein..? Kyuki aapne kaha age wise hota hai...below 60 alg hai..! 2. Humne pda hai Religious organization pe tax nhi lgta...fir aap thodi explanation de do..

[@hilalkhan9072]

Sir is pa kuck kahu tax law par

[@tabia3031]

Sir surcharge 4%nai hai wo toh cess hai

[@foziabhat9167]

Sir but not ni aayega

[@angreifercricket3452]

Thank you sir

[@animelover2271]

Do we pay both tax return and income tax to govt?

[@allahfearing5290]

ITR is a form to be filled about ur income and taxes to be submitted with income tax department

[@sheikhzahid9271]

Advance tax paid in previous yr or assement yr

[@eactclasses]

Previous year

[@taniyairfan6548]

Sir....if u plz explain Advance tax by taking 2 examples of persons ( like salaried person and a firm ) and to whom TDS should b charged ?

[@rajveer6557]

Thank you so much sir.🙏

[@unknownworld112]

you are incrediable sir

[@samiyagulzar6184]

Sir mcq's pehle karwaye taki ham ma confidence ajaye , Aur indirect tax k notes telegram pe daal dijye, taki tab tak hum print out nikaal k rakhe Thanx

[@bhatzakir263]

This chapter is very 😣😣

[@Aslaan1]

Very very beneficial & nicely delivered.

[@mirishfaqhussain6168]

Cool very cool 🎇

[@omairsheikh2046]

Ty...

[@aamirahmad9152]

We need mcqs.... And previous year questions asked by jkssb

[@ruhanajan1518]

Sir... Are companies liable to pay education cess

[@eactclasses]

Every categories of PERSONS have to pay health & education cess @4% on income tax+ surcharge (if any).

[@ruhanajan1518]

@@eactclasses thanks sir

[@ruhanajan1518]

Sir... Are senior or super senior assesse liable to pay advance tax...

[@eactclasses]

No they are not if they do not have business or professional income.. if they have business or professional income, then advance tax will be applicable.

[@ruhanajan1518]

@@eactclasses thankx a lot

[@sheikhumar7588]

Sir u r Amazing... Thanx alot.

[@ishfaqamin3010]

I luv u sir the way u teach,

[@aamirbatt6846]

Sir you are best.

[@ruhanajan1518]

Sir.. Please make a separate book for new topics because we have got the print copy of ur previous book... Thanks

[@allahfearing5290]

Jiski salary fixed hogi usko kyun estimate krna h

[@eactclasses]

He will estimate his other income apart from Salary.. and then check advance tax applicability..

[@hilalkhan9072]

Tax law Mai ka Kara gha

[@shaguftarehman7228]

Thanku sir

[@Tarzagi]

CA for a reason🙏🙏🙏

[@39mohdmustaqeem83]

Sir about cost Accounting And budgtory control

[@avikash3634]

Sir aapne kaha first lecture me btaaya tha ki cess jo hai (income tax+surcharge ) pr 4% lgaaya jaata hai..but aap bina surcharge b lgaa rhe ho plz clear kre ..agr koi ur frnds jaanta ho to plz aap b btaae

[@eactclasses]

Cess tou lagega tab b agar surcharge nhi trigger horaha ho. But agar surcharge b applicable ho tab doubt hoskta tha na ke cess pehle lagaye ke surcharge tou tbhi yeh clarification di h income tax waalun ne ke cess ( income tax + surcharge) pe lagega

[@avikash3634]

@@eactclasses its means jaha b total income maximum amount ko exceed kre gi jaha b tax applicable hai baha pr hum cess jrur lgaae ge .?

[@eactclasses]

Yes

[@avikash3634]

@@eactclasses Your classes are just so inspirational! I have never had a teacher like you, and for that I am so, so thankful to u sir.

[@bhataamir6794]

Thanks sir a lot, please start MCQ discussion on it