About Wealthsane:
Frequently Asked Questions
Home : FAQ
I had not declared my other incomes, investment (LIC, Term plans, mediclaim) and HRA to my employer, due to which extra TDS is deducted.
No need to worry, it will be taken care at the time of return filing & all which is deducted will be claimed as refund.
Can I get consulting on whether to chose old schemes or new schemes?
Yes, before filing we will help you understand both the scheme & file the one most suitable to you.
What does multiple form 16 mean?
If you have changed job during the financial year you will have multiple form 16 from each of the employer in that case you will have to submit all the form 16 for ITR filing
Who is going to file my IT returns?
We don’t outsource your return filing to anyone , our team of in-house CA does all the filing & calculation as per the process designed ensuring zero errors
What if I earn salary as well as freelancing/business ( e.g IT professionals, professors, blogger) income. Which plan is for me?`
You will have to choose plan D, as you come under business & profession even if you are salaried
I am a salaried person & I have sold some shares/mutual funds during the year, which one if for me?
You should select Plan C as you fall under Capital Gain.
I have a home loan & I pay monthly EMI. How will that be adjusted?
Yes it will be taken care while filing return to maximize your refund amount
I am salaried & director of a company which plan should I opt?
You should select plan B only
I sold ESOPs this year will there be any tax obligation? Also which plan is suitable?
Yes, gains/losses on sale of ESOPs will be treated under the head capital gains. Plan C is right for you.
How will the support & CA consulting the NRI's?
As Wealthsane has an in-house team of CA offering a control over service delivery, our team can connect & schedule a call as per the convenience looking at the timezones.
Who all can opt for NRI/ foreign income plans?
- Someone who is working abroad on client side
- Person who is having income on foreign assets
- NRI's earning income in India like house rent, capital gain etc.
- Foreign national earning income in India
I am a salaried, business/professional & I have profit/loss from F&O/share trading, which plan should I opt for?
Plan H is right for all such transactions
What if I don't show my F&O profit/loss income while filing ITR?
This might lead to receiving tax notice leading to filing revise returns
I have a loss of 1 lac rupees in F&O I am salaried is tax audit applicable to me?
We need to check your case & evaluate properly & than only we can tell if you have audit.
How does CA consulting plan work?
Once you buy the plan, we will allot you our expert CA based on the convenient time during office hours.
How much time do I get with a CA in the consulting plan?
The standard timelines are 60 mins however, we understand sometimes things might require more time & we are flexible in that sense.
I am unable to decide if I have tax audit applicable or not?
You can use the chat box to consult for your queries or email us your details or call us directly & we will help you understand your case
What is the difference between the 3 plans given above?
The 3 plans are created as per the turnover & demat accounts of the trader, for eg if one has a turnover in future & options of 1.5 cr & has 2 demat accounts, he/she should opt for the standard plan, rest all things are same in all the 3 plans.
I have incurred losses in trading, can I carry forward those losses?
Yes you can carry forward those losses for future, we will have to check your case first & then give further opinion
I have incurred losses in FY 19-20 & now I have made profits in FY 20-21. Can I offset my gains with previous year loss?
As you haven't carry forwaded your losses, it would not be possible to offset it with FY 20-21 years gain
