Devadiya and Associates

Devadiya and Associates Chartered Accountants

18/06/2026

3 Legal Secrets Banks Never Tell You
Want to buy a ₹50 lakh house but don’t have ₹15 lakh for down payment? Banks won’t tell you these 3 legal options.

Joint Home Loan: Apply with your spouse. Your loan eligibility doubles instantly, and both of you can claim separate tax benefits on principal and interest under Sections 80C and 24(b).
Use Your EPF: As per EPFO rules, you can withdraw up to 90% of your PF balance for buying or constructing a house. This withdrawal is completely tax-free if you’ve completed 5 years of service.
Step-Up EMI: Start with a lower EMI today. As your salary increases every year, your EMI increases too. This keeps the initial burden low while letting you afford a bigger house now.
You don’t always need huge savings for a down payment. Smart planning can get you the keys faster.

Share this with someone planning to buy a house, and follow for more money tips.

17/06/2026

Loan Agents Harassing You? Know These RBI Rules
Tired of loan recovery agents crossing the line?

RBI has strict rules they MUST follow:
1. Calls allowed only between 8 AM to 7 PM 2. Calling your relatives or office is completely illegal 3. Home visits? They must carry valid ID + Bank authorization letter. No letter = send them back from the door 4. Threats or abusive language? File a complaint with RBI Ombudsman. You can get compensation up to ₹1 Lakh
Don’t let agents intimidate you. Know your rights.

Save this reel for emergencies.
Share it with every loan holder you know.
Comment “RBI” if you want the official complaint link.


16/06/2026

One Mistake Could Suffer to 2 Years in Court
One person passed away — and the family spent 2 years in court. Just one missing document.

This happens when:
1. Your bank account has no nominee 2. Property papers are not transferred 3. Insurance nominee is wrong or outdated
These look small. Until your family needs them.

If you truly want to protect them, do these 3 things today:
1. Add a nominee to every bank & demat account 2. Double-check nominees in all insurance policies 3. Get a simple Will made by your CA
Don’t wait for “someday.” Complete the paperwork now.

Share this video with your family — it’s the most important task.
Comment “NOMINEE” for a free checklist.
Check your nominations today.

15/06/2026

Don't Miss This MCA Update
Your Pvt Ltd company missed AOC-4 or MGT-7 filings?

MCA charges ₹100 per day as additional fee. 2-3 saal miss kiya toh penalty lakhs mein chali jaati hai.

But MCA just launched CCFS 2026 Scheme.
From 15 April to 15 July — sirf 90 din ki window.

Is period mein:
1. Pay only 10% of additional fee → company fully compliant 2. Govt company? Flat 50% discount 3. Company permanently close karni hai? Sirf 25% charge
15 July ke baad ye scheme hamesha ke liye band. Phir wahi heavy penalties wapas.

Lakhs bachane ka ye last chance hai.

Save this reel & apne CA ko bhej do.
Comment “CCFS” if you want the official circular link.

14/06/2026

Don't Make This Property Buying Mistake
Paying 50 Lakh+? This 1% Mistake Costs Lakhs

Caption
Planning to buy your dream home for 50 lakh or more?

Stop. Read this before you transfer a single rupee.

Under Section 194IA, you MUST deduct 1% TDS from the seller’s payment and deposit it with the government within 7 days. This rule applies to everyone — not just businesses.

Got an NRI seller? The TDS rate shoots up to 12.5% or more.

Miss this step? The Income Tax Department can penalize YOU for up to 100% of the tax amount. That’s lakhs gone just because of one missed form.

Don’t let paperwork ruin your property deal.

Save this reel for your closing day.
Share it with someone who’s house hunting.
Comment “TDS” if you want a checklist for buyers.


13/06/2026

Don't Miss This Deadline?
One mistake in June can wipe out your entire year’s profit.

15th June is a major compliance date, and missing it hurts. Here’s what you must do:
1. Deposit at least 15% of your estimated Advance Tax for the year. 2. Issue Form 16 (TDS Certificate) to all your employees.
Miss the deadline or short-pay your advance tax? Section 234C hits you with 3% interest per month. Delay Form 16 and you’re looking at ₹500 per day late fees. On top of that, the tax department can impose penalties from ₹10,000 up to ₹1,00,000 for defaults.

One late file, and your cash flow takes a direct hit. Don’t risk it. Save this reel now so you don’t forget before 15 June.

12/06/2026

Cash Stamp Duty Can Cost 78% Tax
Everyone pays for property via cheque or NEFT to keep it “white”. But the biggest mistake happens during registration — paying stamp duty in cash.

If you don’t have a legal, documented source for that cash, you’re in trouble. The Income Tax Department already knows about your stamp duty payment through AIS. During scrutiny, their first question will be: “What is the source of this cash?”

No valid answer means Section 115BBE kicks in. The penalty? Tax at nearly 78% on that unexplained cash.

So remember: never pay stamp duty in cash unless you can fully prove the source. Best practice is to pay stamp duty through cheque, DD, or online modes only.

One small cash mistake during property purchase can cost you lakhs later. Save this before your next deal.


11/06/2026

One Crypto Trade Can Trigger Tax Notice
In 2026, a single crypto transaction is enough to put you on the Income Tax Department’s radar — and you won’t even get a warning.

Every trade, swap, or sale of crypto or any Virtual Digital Asset now attracts 1% TDS. That TDS instantly creates a digital trail linked directly to your PAN. With AI-driven systems, AIS reports, and global data sharing, the tax department can cross-check your crypto activity against your declared income in seconds.

Remember: profits from crypto are taxed at a flat 30% with no deductions allowed. And if you make a loss? You can’t even set it off against gains.

If you hold crypto or foreign assets, save this reel. It might save you from a notice later.


10/06/2026

Why Govt Could Not Touch Harshad Mehta Policy?
1992 scam ke baad sab kuch chala gaya... par Harshad Mehta ki 10 crore ki policy nahi. Reason? MWP Act.

Is act ke under li gayi policy ko koi bhi loan, debt ya court case touch nahi kar sakta. Paisa sirf wife aur bachhon ka.

But catch ye hai - ye protection policy lete waqt hi lag sakta hai, baad mein nahi.

Smart money move jo bahut kam log jaante hain. Save kar lo, kab kaam aa jaye.


09/06/2026

The 4 Stages of Wealth: Which One Are You In?
Most people think “financial freedom” means being rich.

But wealth creation actually has 4 clear stages. Skip a step, and you stay stuck.

Stage 1: Financial Security
6 months of expenses in liquid funds or bank. Zero loans.
This is your safety net.

Stage 2: Financial Stability
36 months of expenses saved. No debt, no liabilities.
Now you can breathe.

Stage 3: Financial Independence
Your passive income = your monthly expenses.
Rent, interest, dividends — money you make while you sleep.

Stage 4: Financial Freedom
Passive income = 3X your monthly expenses.
This is the top. Your money works harder than you do.

Comment “STAGE” and I’ll tell you the #1 action to take for your current stage.

Save this as your wealth roadmap 📌

Which stage are you on right now? Be honest 👇

Address

A-301 The First, Near ITC Narmada Hotel, Vastrapur
Ahmedabad
380015

Opening Hours

Monday 10am - 7pm
Tuesday 10am - 7pm
Wednesday 10am - 7pm
Thursday 10am - 7pm
Friday 10am - 7pm
Saturday 10am - 7pm

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