Frequently asked questions.

General questions below. For questions specific to a service, check that service's page directly.

General

About working with us

How do I get started?

Message us on WhatsApp with a line about what you need. We'll tell you what's required and the next step — no long forms.

Do you work with clients outside Mumbai?

Yes. Most communication happens over WhatsApp, call, and email, so location isn't a constraint for most services.

What are your working hours?

Monday to Saturday, 10:00 AM to 7:00 PM.

Do you charge for an initial consultation?

Send us your query on WhatsApp first — we'll let you know how to proceed, including any fees, before you commit to anything.

Do I need GST registration for my business?

It depends on your turnover and the nature of your supplies. If you're above the threshold limit or make inter-state supplies, registration is mandatory. Message us your specifics and we'll confirm.

What happens if I get a GST scrutiny notice?

Don't ignore it — there's usually a fixed window to respond. We've drafted replies to ASMT-10 notices covering ITC mismatches and GSTR-3B/GSTR-9 reconciliation, and can take this on for you.

Can you handle GST for a cooperative housing society?

Yes — we've worked directly with cooperative housing societies on GST registration, return filing, and notice replies.

When should I start tax planning for the year?

Ideally at the start of the financial year, not in March. Early planning gives you room to structure investments and gains properly, especially for LTCG under Section 112A.

I have capital gains from mutual funds — do you handle that?

Yes — LTCG computation, exemption thresholds, gifting and clubbing provisions for mutual fund gains are part of our regular work.

What if I've already missed a filing deadline?

Belated and revised returns are still possible within certain limits. Message us your situation and we'll tell you what's still open.

Do I need to deduct TDS on contractor payments?

Generally yes, above specified thresholds under Section 194C/194J depending on the nature of payment. We can confirm the exact rate for your case.

What is PTEC and does my business need it?

Professional Tax Enrollment Certificate — required for business owners and professionals in Maharashtra. We've handled PTEC registers across multiple financial years for clients.

I got a TRACES default notice for short deduction — what now?

This is fixable through a correction statement. Send us the notice and we'll identify the gap and file the correction.

Can you reply to a legal notice on our society's behalf?

Yes — we've drafted replies for cooperative housing societies, including GST scrutiny matters and ITC reversal defences.

Do you draft agreements and sale deeds?

Yes, including converting existing legal documents like sale deeds and confirmation letters into properly formatted documents.

What do you need from us to draft a notice reply?

The exact notice, and the specific points you want covered. If you give us exact points, we draft to those — we don't add extra grounds beyond what's specified.

Investment Advisory

Investment Advisory questions →

Are you a registered mutual fund distributor?

Yes — Kapila Finserv, ARN-331440, is an AMFI-registered Mutual Fund Distributor.

How do you factor in tax while recommending investments?

LTCG thresholds, holding periods, and gifting/clubbing provisions are considered alongside the investment itself, not separately.

Can you review an existing portfolio, not just build a new one?

Yes, portfolio review and reallocation guidance is part of our regular advisory work.

Still have a question?

Message us directly on WhatsApp — we usually respond within the working day.

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