Based in Ludhiana · First call is free

Eighteen years.
Notices, NRI cases,
cross-border work.

CA Prabhpreet Singh, Ludhiana. If you got a notice last week, or you're selling Indian property from abroad, or you've been filing wrong for years and suspect it — I can tell you what it means and what it'll take. First call is free.

+91 836 088 8591
CA Prabhpreet Singh, Chartered Accountant
ICAI Certified
CA Prabhpreet Singh
Chartered Accountant · NRI Tax Specialist
18+ Years in Practice
800+ Notices Resolved
200+ Property Sales
800+ NRI Clients
Who comes here

If you're here because...

A Section 148 notice arrived

The letter came to your old Indian address. Someone forwarded it, or you found out months later. It says "income escaping assessment" and cites an assessment year from years ago. First thing to know: a 148 is not a demand — it's an intent to reopen your assessment. Most of the ones I see these days target AY 2018-19 or 2019-20, and many don't survive a properly drafted objection at the 148A hearing stage. Send me the notice. I'll tell you exactly what you're dealing with and whether it's worth fighting or settling.

Send me the notice →

You're selling Indian property from abroad

The buyer wants to deduct TDS at 20% off the top. Your relatives are asking when you're going to transfer. Three different people have given you three different numbers for the capital gains tax. Here's the short version: the TDS the buyer deducts is an advance, not the final tax — and you can apply for a lower rate certificate before the sale if your actual liability is less. The gain may qualify for indexation (or not, depending on when this is; the rules changed in 2024). I've done 200+ of these. I know exactly which steps apply in your situation.

How property sales work →

Your refund was absorbed under Section 245

The refund you were expecting disappeared. The intimation says it's been adjusted against an "outstanding demand" from some year you barely remember. A 245 adjustment is not automatically correct — in my experience, most of them need checking. The department can't absorb your refund against a disputed or unknown demand without following proper procedure. Worth a look before you assume they got it right.

Check the adjustment →

You've been NRI for years and never filed in India

If you have Indian income — rent from a flat, interest in an NRO account, a fixed deposit — India has a claim on it whether you knew about it or not. The question is usually: how far back, and what's the actual exposure? The department rarely goes back more than six years in ordinary cases. In most situations, the fix is cleaner and less expensive than people expect. I don't say that to minimize it. I say it because I've sorted this enough times to know what the process actually looks like.

NRI filing obligations →

A 143(2) scrutiny notice came with a long questionnaire

Your return is under detailed scrutiny. The 143(2) is usually followed by a 142(1) inquiry listing specific line items the AO wants explained. This is not a criminal inquiry — it's an examination. But it needs careful handling: vague answers generate more questions, and everything you say is on record. I'll draft every response, represent you at hearings, and make sure the assessment officer has a complete, consistent picture. The goal is to close the assessment without any addition to income.

Get representation →

You want to know what DTAA actually does for you

DTAA — the double taxation avoidance agreement — is real, and it does help. But not in the way most people think. It doesn't exempt all your Indian income just because you're an NRI. It assigns taxing rights: which country can tax what kind of income, and at what rate. The benefit is usually reduced TDS on interest and dividends, a credit for taxes paid in India against your foreign liability, and sometimes an exemption on capital gains. But it has to be claimed correctly in your ITR — it doesn't apply automatically. Most NRIs I work with have never claimed it. That's the first thing we fix.

DTAA explained →
Services

What I Do

Twelve areas of practice. Most clients come in with one specific problem. Below is the full picture — take what applies.

Legal scales and law book
Most Requested

Tax Notice Handling

Read it before you panic — the section number tells you most of what you need to know. 800+ notice cases across every type. Most are recoverable if you respond correctly and on time. The ones that become expensive are almost always the ones that were ignored.

Learn More →
Tax documents and calculator
📊

Taxation Services

ITR filing, advance tax, TDS, capital gains — all of it. A lot of clients come in for one and realize several other pieces were being handled poorly by whoever did it before.

Learn More →
Globe and international travel
🌍

NRI Advisory

Residency status, DTAA claims, NRO/NRE accounts, FEMA compliance. If you're living abroad and your Indian finances feel like a loose thread — this is the work.

Learn More →
Money and savings growth
💰

Financial Optimization

Section 80C to 80U, HUF planning, investment restructuring. People are usually surprised how much they were overpaying — legally, through just not knowing what to claim.

Learn More →
Audit and review documents
🔍

Global Audit Services

Statutory audit, internal audit, FEMA compliance, GST reconciliation. Particularly useful for businesses with Indian and international operations that need to satisfy multiple regulatory frameworks.

Learn More →
Investment charts and analytics
📈

Investment Advisory

Tax-efficient portfolio planning — mutual funds, equity, retirement corpus, estate structuring. The goal is to build wealth without giving away more tax than you need to.

Learn More →
Modern home and property
🏠

Property Advisory

Selling Indian property from abroad is more complicated than most NRIs expect. TDS, capital gains, Form 15CB, repatriation — I've done 200+ of these. It's a specific process and I know it well.

Learn More →
Africa business and finance
🌍

Africa Audit Services

Audit and compliance for Indian businesses operating across African markets — South Africa, Kenya, Nigeria, Tanzania. IFRS, DTAA, and local regulations across 15+ countries.

Learn More →
International tax planning across borders
✈️

Cross-Border Tax Planning

Income in two countries, taxed in two countries — usually unnecessarily. The India-UK, India-Australia, India-USA treaties exist to prevent this. A lot of people just never claim what they're entitled to.

Learn More →
GST compliance and filing India
🧾

GST Services India

GST registration, monthly/quarterly return filing, input tax credit reconciliation, GST audit, and notice handling. If your GST filings have been inconsistent — we can clean that up.

Learn More →
Company incorporation and registration India
🏢

Company Incorporation

Private Limited, LLP, OPC, Section 8 company registration — end to end. NRIs and foreign nationals looking to set up in India handled with FEMA and RBI compliance built in from day one.

Learn More →
Loan and finance services NRI India
💳

Loan & Finance Services

Home loans, business loans, NRI mortgage advisory, and structured finance for both Indian residents and NRI clients. We help you navigate lender requirements and documentation from anywhere in the world.

Learn More →
Client Stories

In their own words

Real clients. Real situations. Names abbreviated for privacy.

★★★★★

"Sold my parents' flat in Chandigarh from Canada and had no clue what I was doing. Two other CAs gave me wildly different TDS numbers — Prabhpreet explained the discrepancy, was right, and sorted the 15CB, repatriation and ITR filing after. No drama."

Priya S.

Canada

★★★★★

"Got a Section 148 notice — eight years after the assessment year. I was in the US, the notice was at my old Indian address, and I found out late. Prabhpreet responded within hours, drafted the reply, handled everything. The demand was dropped."

Vikram S.

USA

★★★★★

"Running a business in the UK while holding two properties in India was becoming a compliance nightmare. Prabhpreet cut through it clearly — explained what applied, what didn't, and handled the India-UK DTAA structuring properly. Four years in, still the same arrangement."

Sarah P.

Manchester, UK

Notes from Practice

What I'm seeing right now

Observations from actual cases — things changing, mistakes I keep seeing, things worth knowing. Updated as they happen.

Apr 2026

148 notices targeting AY 2018-19 have increased noticeably this quarter. Most cite "information received from SFT" — the Statement of Financial Transactions — meaning a data-matching hit, not an actual investigation. Many of these have a straightforward explanation that holds at the 148A objection stage. Don't assume the department has found something significant just because they sent a notice.

Mar 2026

After indexation was removed for long-term capital gains on real estate in Budget 2024, the cost basis calculation has changed for inherited property. For property acquired pre-2001, the 1 April 2001 Fair Market Value becomes the cost — and that valuation needs to be done properly before you sell. A hurried stamp duty estimate is not the same as a defensible valuation. Get it right before the transaction, not after.

Mar 2026

Three Section 245 adjustments in the past six weeks where the "outstanding demand" being absorbed was from AY 2012-13 — a demand the client had never been properly notified of. In all three cases, the underlying assessment order had service issues. All three adjustments were contestable. The takeaway: don't assume a 245 adjustment is correct before someone looks at it.

Feb 2026

Faceless assessment has, in my experience, made things harder for most clients — not easier. The idea was to remove face-to-face pressure from assessments. The actual experience for complex cases is often a stream of AI-generated queries that don't map cleanly to the facts, with no human to clarify intent. Simple returns go through fine. Anything with cross-border income, multiple properties, or legitimate exemption claims needs proper legal drafting from the first notice.

Dec 2025

For clients in Australia specifically: India and Australia now exchange financial information under the Common Reporting Standard. If Indian income — rental income, FD interest, sale proceeds — has not been reported in your Australian return, there is now a two-direction exposure. Worth reviewing your ATO position as well as the Indian one before either system flags it.

Nov 2025

The 139(9) defective return notice is the least alarming notice you can receive. You have 15 days to correct the defect — usually a missing schedule, a miscategorised income head, or a mismatched figure. Most rectifications take less than a day once someone who knows the ITR forms looks at it. The only mistake is ignoring it: if you don't respond in time, the return is treated as not filed. Then it becomes something larger.

The People

Who handles what

Six people. Each has a specific area. The work doesn't get shuffled between whoever is free.

CA Sarbjot Singh Malhotra
CA Sarbjot Singh Malhotra
Property Advisor
Specialises in NRI property transactions — capital gains, TDS, Form 15CB, and repatriation. 200+ property sales handled end to end.
CA Gitanshu Garg
CA Gitanshu Garg
NRI Tax Specialist
8+ years focused specifically on NRI cases — FEMA, Form 15CA/15CB, residency disputes, DTAA claims. This is all he does.
CA Shefali Dhawan
CA Shefali Dhawan
GST & Compliance Expert
Handles GST filings, tax audit, and compliance for businesses and individuals. If something's off with your returns, she's usually the one who finds it.
CA Harsh Dhawan
CA Harsh Dhawan
Africa Audit Specialist
Runs the Africa-side audit work — Kenya, Nigeria, South Africa, Tanzania. Knows the local regulatory landscape and how it maps back to Indian FEMA and RBI requirements.
Adv. Kanika
Adv. Kanika
Corporate & M&A Lawyer
15+ years in corporate law — M&A, joint ventures, and IPOs. Advises corporations, PE firms, and multinationals on structuring and executing high-value cross-border transactions.
CA Pranay Rajendra Ingale
Risk & Internal Audit Lead
~5 years across Big-4 advisory and large-scale retail. Led risk-based audits across 20+ countries, surfaced $14M+ in value leakage, and reported findings directly to Group CFOs and Board Audit Committees.

Got a notice or an NRI tax situation? Let's talk.

Tell me what's going on — a notice you received, a property sale you're trying to plan, Indian filings you suspect have been wrong for years. I'll tell you honestly what it means and what can be done about it. Most people leave the first call knowing more than they did going in. That part is free.

The short version

I've been a practicing CA for eighteen years, based in Ludhiana. Most of what I do now is income tax notices and NRI taxation — clients in the UK, Australia, Canada, and the USA who have Indian property, Indian income, or the occasional notice arriving at an address they haven't lived at in years.

I didn't set out to specialize in NRI work. It happened through referrals, somewhere around 2010. One client in the UK called about a 148 notice. I sorted it. He told someone in Melbourne. She called about a property sale. I noticed that most NRI clients had the same underlying problem: tax obligations in India that nobody overseas was explaining properly, and an Indian CA (if they had one) who didn't know how the Australia-India or UK-India treaty actually worked. The two sides weren't talking to each other. People were paying tax twice, or not filing at all, or filing wrong for years.

So I learned the treaties properly and built the practice around cross-border work. That was about twelve years ago. Every case I take on, I handle personally.

Qualifications

  • ✓ Chartered Accountant (CA) — Institute of Chartered Accountants of India (ICAI)
  • ✓ B.Com — Delhi University
  • ✓ Certified in International Taxation & Transfer Pricing
  • ✓ Specialized in NRI taxation and FEMA regulations
  • ✓ Active ICAI member, ongoing professional development

The practice in numbers

  • 1,500+ ITRs filed — individuals, NRIs, and businesses. Zero penalty record.
  • 800+ notice cases — Sec 143, 148, 156, 245. Most settled without escalation.
  • 200+ property transactions — NRI property sales, capital gains planning, TDS, repatriation handled through completion.
  • 800+ NRI clients — across 25+ countries. India-UK, India-Australia, and India-USA are where most of the work concentrates.

One thing worth saying

I'll always tell you what's worth fixing and what isn't worth your time. Sometimes the right answer is: this isn't actually a problem. I'd rather say that than bill you for unnecessary work.

I also don't take cases where the client wants a specific answer rather than the right one. If you've already decided what the outcome should be and you need a CA to sign off on it, I'm not the right person. If you want to know what the law actually says about your situation — that I can do.

CA Prabhpreet Singh
Most requested

Tax Notice Handling

Got a notice? The section number tells you most of what you need to know. I've resolved 800+ across every type. Most are manageable if you respond correctly and on time — the ones that become expensive are almost always the ones that were ignored.

800+Cases resolved
24 hrResponse time
10Notice types

Notices handled

  • Sec 143(2) — Scrutiny
  • Sec 148 — Reassessment
  • Sec 156 — Demand
  • Sec 131 — Summons
  • Sec 139(9) — Defective Return
  • Sec 142(1) — Inquiry
  • Sec 245 — Refund Adjustment
  • Sec 133(6) — General Inquiry
  • Sec 143(1) — Intimation
  • Sec 154 — Rectification

Read the notice — the section number is the map

Section 143(1) is a routine intimation. Section 148 is a reassessment. Each section has a different response timeline and requires a different strategy. We identify it immediately.

Assess what the department is actually claiming

Is it a mathematical error, a missed deduction, or a substantive dispute about income? The answer determines whether we respond ourselves or represent you before an officer.

Gather the right documents — not everything

Bank statements, investment proofs, property records, prior-year ITRs — we tell you exactly what's needed for your specific notice. No guesswork, no over-disclosure.

Draft and file a precise response before the deadline

Submitted through the income tax portal. Factual, not defensive. No admissions that open doors you don't want opened. Response drafted typically within 24–48 hours of engagement.

Follow through to closure

Attend hearings if required. Submit additional documents on request. Track the assessment outcome and respond to any further notices that arise from the same proceeding.

UK — Section 148 Reassessment

An NRI in London received a Section 148 notice for AY 2016-17 — nearly 8 years after filing. The department had received information from UK tax authorities about Indian property rental income. The client found out late (notice was at his Ludhiana address). We filed for extension, drafted a response citing the India-UK DTAA, provided proof of UK tax already paid on the same income, and got the reassessment closed without any additional demand.

Never. Ignoring a notice results in an ex-parte assessment — the department decides the case without hearing your side. This almost always produces the highest possible demand, plus interest. Ignorance is not a defence the tribunal accepts.

Apply for condonation of delay immediately and explain the reason in writing. We've successfully argued late notice in multiple cases where the address on record was outdated or the portal email went to spam. Act the moment you find out — every day matters.

Simple notices like 143(1) or 139(9) resolve within days of filing the response. Scrutiny assessments (143(2)) can take 3–12 months depending on hearing schedules. Reassessment (148) cases depend on how many rounds of submissions the officer requires. We set realistic timelines at the start.

Yes. We appear as your authorized representative before the Assessing Officer. You do not need to be physically present in India. For NRI clients this is the normal arrangement — we handle hearings in Ludhiana and Delhi offices and represent clients from 25+ countries remotely.

Tax & Compliance
Income tax

Taxation Services

ITR filing for everyone — from straightforward individuals to complex NRI returns with multiple income sources. 1,500+ returns filed, zero penalty record. The work isn't just filing; it's catching what you missed before the department does.

1,500+ITRs filed
18+Years experience
ZeroPenalty record
ITR filing (all categories) Advance tax TDS compliance Tax audit Sec 44AB Deductions & exemptions Capital gains
Get your ITR sorted →
Indirect tax

GST Services India

GST is high-compliance — monthly filings, ITC reconciliation, annual returns, audits. Mistakes pile up silently until the department flags them. I handle the full GST lifecycle and clean up past inconsistencies without triggering unnecessary scrutiny.

500+GST returns filed
15+Industries served
GST registration GSTR-1 / 3B / 9 ITC reconciliation GST refund claims GST audit (GSTR-9C) Notice reply & litigation
Sort your GST →
NRI & Property
NRI taxation

NRI Advisory

India still has a claim on your income from Indian sources — rent, interest, capital gains — whether you're aware of it or not. I map out the full picture for every NRI client: residency status, DTAA claim, ITR filing. The goal is simple: you pay what you legally owe in India. Nothing more.

800+NRI clients
25+Countries served
90+DTAA countries
Residency status DTAA claims Form 15CA / 15CB NRO / NRE compliance FEMA & RBI NRI ITR filing

Residency status verification

We confirm your residential status (NRI, RNOR, or Resident) for each relevant year using your travel records. The classification determines which income is taxable in India — and getting it wrong can mean years of overpaying.

Full Indian income mapping

Rent, NRO account interest, dividends, capital gains, business income — we identify every Indian-source income stream. NRIs regularly underestimate what qualifies, and just as often miss deductions they're entitled to.

DTAA analysis and treaty claim

We check whether a treaty applies to your income types, which provisions cover each category, and what documentation (TRC, Form 10F) is needed to claim relief. Most NRIs we meet have never claimed a DTAA benefit.

ITR preparation and filing

Filed for your status: ITR-2 or ITR-3 with foreign asset schedules (Schedule FA), DTAA claims, and tax credit details. Deadline tracked. Zero penalty record across 1,500+ filings.

Ongoing FEMA and compliance advisory

Annual ITR, NRO/NRE account guidance, Form 15CA/15CB when remitting money, and FEMA compliance review when you make investments or property transactions in India.

Canada — Four Years of Wrong Residency Status

A software engineer who moved to Canada in 2019 had been filing as a Resident Indian for four years — his previous CA never asked about travel history. He was being assessed on his Canadian salary in India. We reviewed four years, confirmed NRI status, filed amended returns claiming RNOR treatment for the transition year, and recovered ₹4.2 lakh in overpaid tax. The entire correction took six weeks.

Depends on whether you had taxable Indian income in those years. If yes, you're exposed to interest under Section 234A/B/C and potential notices. We assess the exposure, calculate the realistic liability, file outstanding returns, and manage the penalty risk. Voluntary disclosure handled correctly is far better than a department notice.

RNOR (Resident but Not Ordinarily Resident) is a transitional status for 1–3 years after returning to India or just before becoming NRI. RNOR means your foreign income isn't taxed in India. Many returning NRIs miss this window and overpay significantly. If you've recently moved back or are planning to, this is one of the first things to review.

Yes, this is a standard part of our NRI service. We issue the CA certificate (Form 15CB) confirming applicable tax treatment, then file Form 15CA online. The bank requires both before processing international transfers. We typically turn this around within 2–3 business days once documents are in hand.

Not necessarily for the ITR itself if it's straightforward — but often yes for ensuring TDS on NRO interest is being correctly deducted (it should be 30%), recovering excess TDS via refund, and planning for when you remit those funds abroad. A one-hour review often saves more than it costs.

Talk to us about NRI filing →
Property sales

Property Sales & NRI Property

Selling Indian property from abroad catches most NRIs off guard. The buyer deducts 20–30% TDS. You need Form 15CB before the money moves. Capital gains depends on purchase date and holding period. Then there's the ITR afterward. I've handled 200+ of these — it's a specific sequence and I know it cold.

200+Property sales handled
Capital gains planning TDS for NRI sellers Form 15CA / 15CB Sec 54 / 54F exemption Rental income tax FEMA compliance

Cities covered: Delhi NCR · Ludhiana & Tricity · Mumbai & Pune · Bangalore

Capital gains calculation before the sale

Long-term or short-term? What is the indexed cost? Does Section 54 or 54EC apply? We run this before any money moves — so there are no surprises when TDS is deducted.

Lower TDS certificate (Section 197) if applicable

Standard TDS on NRI property sales is 20–30%. If the actual tax liability is lower, we apply for a Section 197 certificate to reduce the TDS deducted at source. This keeps money in your hands during the transaction rather than waiting 6–12 months for a refund.

Form 15CB — CA certificate

We issue the certificate confirming the nature of the payment, applicable DTAA provisions, and correct tax treatment. This must be issued before Form 15CA is filed. Banks will not process the remittance without it.

Form 15CA — online filing

Filed on the Income Tax portal after the 15CB is ready. Specifies the nature of the remittance, applicable section, and tax paid. The bank gets both forms before releasing funds internationally.

ITR filing for the sale year

Capital gains must be disclosed in your Indian ITR for the year of sale. Section 54/54EC exemptions can be claimed if you reinvest in a new property or notified bonds within the time limits. We file and track the refund if TDS exceeded the liability.

Australia — Saved ₹17 Lakh in Upfront TDS

An NRI in Australia sold his parents' flat in Ludhiana for ₹1.2 crore. The buyer was going to deduct 20% TDS — ₹24 lakh. We calculated the actual tax liability at ₹6.8 lakh after indexation and applied for a Section 197 lower TDS certificate. The certificate was granted, TDS was reduced to ₹7 lakh, and the client kept ₹17 lakh more in hand during the transaction rather than waiting a year for a refund. 15CB, 15CA, and ITR completed within 3 weeks of engagement.

Yes. File an ITR for the sale year reporting the capital gains and claiming TDS credit. Any excess TDS becomes a refund from the Income Tax Department. Refunds typically take 3–6 months after filing. We file, track, and follow up if delayed.

Yes. Section 54 allows reinvestment in a new residential property within 2 years of sale (or 3 years if you're constructing). Section 54EC allows investment in notified bonds (NHAI, REC) up to ₹50 lakh, which must be done within 6 months of the sale. Planning before the sale date is critical — some exemptions require advance coordination.

It means both parties' PAN is on the sale deed, capital gains and TDS are split by ownership share, and Form 15CB applies to the NRI's share of the proceeds only. We handle multi-owner cases regularly — the paperwork is more, but the process is the same. Your parents' portion follows resident rules, your portion follows NRI rules.

When documents are in order: 2–4 weeks from engagement to remittance. Delays occur most often due to missing original purchase documents (needed for capital gains calculation), TDS certificate delays from the buyer, or bank compliance checks. We flag what's needed early to avoid surprises at the end.

Discuss your property sale →
International tax

Cross-Border Tax Planning

If you earn income in India while living abroad — or vice versa — you're potentially being taxed twice on the same money. India has DTAA treaties with 90+ countries to prevent this. But the treaty doesn't apply automatically. Most NRIs I talk to have never claimed it. That's usually the first thing we fix.

90+DTAA countries
25+Countries served
FreeInitial review
DTAA treaty analysis Tax residency planning India–UK structuring India–Australia structuring India–USA structuring Foreign tax credit claims Transfer pricing FEMA & RBI compliance
Book a cross-border review →
Business & Corporate
Business setup

Company Incorporation

Setting up a company in India is more than MCA registration — you need the right structure from day one, or you spend years fixing it. For NRIs and foreign nationals, FEMA and RBI compliance must be built in from the start. End to end, handled.

100+Companies registered
5+Entity structures
Private Limited (Pvt. Ltd.) LLP OPC Section 8 Non-Profit Foreign subsidiary MCA / ROC filing DIN & DSC PAN · TAN · GST post-setup FEMA for NRI directors
Start your company →
Audit & assurance

Global Audit Services

Statutory audit, internal audit, GST reconciliation, FEMA compliance for cross-border operations. Most useful for exporters, international investors, and businesses that have grown to where annual filing isn't enough.

200+Businesses audited
ICAICertified auditors
Statutory audit (Companies Act) Internal audit Transfer pricing FEMA audit IFRS reporting GST reconciliation
Discuss audit requirements →
Africa operations

Africa Audit Services

Indian businesses expanding into Africa often underestimate how different the regulatory landscape is — and how it interacts with FEMA, RBI, and Indian tax law back home. We've worked across 15+ African markets. This is about making sure neither side creates a compliance gap you find out about at the wrong moment.

15+African countries
IFRSCompliant reporting
Statutory audit (African subsidiaries) India–Africa DTAA Transfer pricing FEMA & RBI for Africa AML audit Fund repatriation
Talk about Africa operations →
Wealth & Finance
Wealth planning

Financial Optimization

Most people with decent income are overpaying tax — legally, just through not claiming what they're entitled to. Sec 80C–80U deductions, HUF structures, capital gains timing. The initial review is free, and it usually finds more than people expected.

500+Wealth plans
FreeInitial review
Sec 80C–80U deductions HUF planning Investment restructuring Capital gains timing Business expense optimisation Long-term wealth preservation
Book a free review →
Investment

Investment Advisory

Portfolio analysis with tax as the starting point — not an afterthought. Mutual funds, equity, NRI investment in India, retirement corpus, estate planning. Build wealth without creating a tax problem down the road.

500+Portfolios advised
Portfolio analysis Tax-efficient MF & equity NRI investment in India Retirement corpus Succession planning Risk profiling
Plan your investments →
Loan & finance

Loan & Finance Services

Whether you're an Indian resident buying property, a business needing working capital, or an NRI looking for a home loan in India — the loan process has more moving parts than most people expect. NRI clients get dedicated guidance on FEMA-permitted loan types and repatriation rules.

Home loan (resident & NRI) Business & working capital NRI loan eligibility NRI mortgage structuring Loan against property Lender liaison
Get loan guidance →

In simple terms: if you spend fewer than 182 days in India during a financial year, you're an NRI. But there are edge cases — the "60-day rule," RNOR status if you recently returned, years where you're borderline. Your residency status determines which income India can tax you on: as an NRI, only income from Indian sources is taxable here. Your overseas salary, foreign bank interest — not India's concern. Getting this classification right matters, because it changes the whole picture.

DTAA — Double Taxation Avoidance Agreement — is a treaty between India and 90+ countries. In plain terms: you shouldn't pay full tax in both countries on the same income. The treaty specifies which country can tax what kind of income, and at what rate. For NRIs, this usually means reduced TDS rates on Indian interest and dividends, and a tax credit in your country of residence for taxes paid in India.

Here's the thing people miss: it doesn't apply automatically. You have to claim it in your ITR, and you need a Tax Residency Certificate from your country of residence. Most NRIs I work with have never claimed it. And DTAA doesn't exempt all Indian income — it assigns taxing rights. For some income types, both countries still have a right to tax; the treaty just limits the rate. Know what it does before assuming it solves everything.

Repatriation requires tax to be paid first — and then certified. Form 15CA is a self-declaration you submit. Form 15CB is a CA certificate (which I issue) that confirms the tax computation is correct. Banks won't move large amounts abroad without 15CB. The threshold where 15CB is mandatory has changed over the years, so it's worth checking what applies to your specific amount and purpose. I handle the tax computation, draft both forms, and liaise with the bank if needed.

Short version: if you held the property for more than 2 years, it's long-term capital gains (taxed at 12.5% after July 2024, without indexation — the rules changed). Under 2 years, it's short-term and taxed at your slab rate. As an NRI seller, the buyer must deduct TDS at 12.5–20% before paying you. You can apply for a lower TDS certificate if you expect the actual tax to be less. Then there's the Section 54/54F exemption if you reinvest in another property. And Form 15CB before repatriation. It's a lot of steps — I've done 200+ of these and I know exactly which apply in your situation.

First: don't ignore it. Every notice has a response deadline, and missing it converts a manageable situation into a much harder one. Second: read the section number — 143(2), 148, 156, 245 — they're very different situations and require different responses. Third: send it to me. I'll tell you within 24 hours what it actually means and what needs to happen. Most notices, when responded to correctly and on time, don't escalate. The ones that become expensive are usually the ones that were ignored too long.

In my experience: for simple cases, yes. For complex ones — anything with cross-border income, multiple properties, a legitimate exemption being claimed — it's often worse. The intention was to remove discretion and face-to-face pressure from assessments. The actual experience is often a stream of machine-generated queries that don't map cleanly to the specific facts of your case, with no AO to clarify intent or acknowledge a reasonable explanation. Every response goes into a faceless portal and you wait. Appeals are delayed. If your return is straightforward, faceless assessment is fine. If it isn't, you need proper legal representation from the moment the first notice arrives.

Initial consultation is free. For specific work — ITR filing, notice handling, property sale, DTAA structuring — fees depend on the complexity of your situation, not a fixed rate card. I'll give you a clear number before we start anything. No surprises, no open-ended billing. Most clients find the fee pays for itself in what gets recovered or avoided.

Yes. Registration, monthly/quarterly returns, input tax credit reconciliation, refund claims, GST audit. CA Shefali on the team handles this specifically — it's a lot of volume-based work and having someone who does nothing but GST makes a difference. If your GST filings have been inconsistent or you've had a notice, we can clean that up too.

Yes. CA Harsh on the team specifically handles Africa-focused audit work — 15+ African markets, IFRS-compliant audit, India-Africa DTAA, FEMA compliance, and fund repatriation back to India. If you have an Indian business with African subsidiaries or investments, this is a specific area of expertise rather than a general claim.

It means figuring out which country has the right to tax which income — and making sure you're only paying where you legally have to, not both places. If you're an NRI with rental income in India and a salary in the UK, those are two different income streams with different treaty rules. Cross-border planning maps that out properly, claims the right exemptions, and structures any future income or asset decisions to avoid creating unnecessary tax in either country. It's not aggressive tax avoidance — it's just applying the treaties the way they were designed to work.

India–Australia is one of the most common situations I deal with. The India–Australia DTAA covers most income types — dividends, interest, capital gains, employment income — and prevents double taxation on all of them. For clients in Australia: I help determine what Indian filing obligations you have, claim DTAA relief properly, handle property sales in India, and sort Form 15CA/15CB when funds move. I have a +61 WhatsApp number specifically because so many clients are Australia-based — reach me directly on +61 403 865 645.

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How to reach me

📞 Phone

+91 836 088 8591

+61 403 865 645

Call: Mon–Fri, 10:30 AM – 5:30 PM IST

📧 Email

Prabhpreet@tdfconsultant.com

Prabhpreetfca@gmail.com

Response within 24 hours

💬 WhatsApp

Fastest way to reach me, especially for clients in Australia, UK, or USA.

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📍 Offices

India — Head Office

10/B, Model Town Extension
Model Town, Ludhiana, Punjab 141002, India

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Australia — Branch Office

35 Gladstone Ave
Kilburn SA 5084, Australia

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⏱ Response time

I reply within one working day. If you have a notice with a deadline, say so in the message and I'll get to it sooner — same day if possible.