CA-Led Wealth Advisory · Tax + Investment + Succession
CA-Led Wealth Advisory: Tax + Investment + Succession in One Engagement
A SEBI Registered Investment Adviser is legally restricted from filing your ITR, representing you at the Income Tax Appellate Tribunal, handling GST, or signing Form 15CB. A CA is not. Harun Raaj & Associates integrates tax planning, investment guidance, FEMA structuring, and succession advisory in a single engagement — the way it should have been from the start.
Wealth Advisory Services
Advisory
ESOP Wealth Planning
CA handles all three ESOP tax stages: FMV valuation at grant (Rule 11UAA), perquisite income and TDS at exercise (Section 17(2)(vi)), and capital gains at sale (Section 112A / 48). A SEBI RIA can only advise at sale.
Advisory
NRI Wealth Advisory
Cross-border wealth for NRIs — Section 6 residency, NRO/NRE structuring, LRS deployment, Indian investment rules, repatriation, and FEMA compliance. We provide the tax layer that a PMS manager or RIA cannot.
Advisory
Business Owner Financial Planning
For SME and family business owners where salary, GST, ITR, succession, and investment cannot be planned separately. One CA integrates all four instead of four separate advisors.
Advisory
PMS & AIF Tax Planning
The tax treatment of PMS and AIF investments that your fund manager does not explain: scrip-by-scrip ITR reporting for PMS, Section 115UB pass-through for Cat I/II AIF, Form 64C/64D, advance tax on distributions.
What a CA Can Do That a SEBI RIA Cannot
SEBI RIA regulations (Investment Advisers Regulations, 2013) define the permitted scope narrowly. These are not opinions — they are legal boundaries.
| CA Capability | Legal Reason RIA Cannot |
|---|---|
| File income tax return | SEBI RIA registration is for investment advice only |
| Represent in Income Tax Appellate Tribunal | RIA has no tax litigation authority |
| GST compliance for business clients | RIA scope excludes indirect tax |
| Prepare ICAI-standard financial statements | Non-CA cannot sign audit-compliant financials |
| Advise on salary vs. dividend optimisation | Requires deep tax knowledge of Sections 115BAA/10 |
| Section 195 TDS on NRI payments + Form 15CB | Requires CA certificate with UDIN |
| FEMA compounding and RBI filings | Requires CA workpapers for certain RBI applications |
| Business structure optimisation (LLP vs. Company tax differential) | Requires cross-section IT Act analysis |
Who This Is For
Salaried Employees with ESOPs
Listed or unlisted company — grant to vest to sale, all three tax stages handled by one CA.
NRIs with Indian Assets
Indian investments, property, or returning to India — residency, NRO/NRE, FEMA, and repatriation in one engagement.
Business Owners
Personal and business wealth entangled — salary, GST, ITR, HUF, and succession planned together.
PMS / AIF Investors
Received Form 64C and unsure what to do — scrip-by-scrip ITR reporting, advance tax on distributions, pass-through treatment.
HNI Families Near Succession
Trust, Will, HUF, and estate freeze — structured before the event, not after.
Statutory & Regulatory Basis
- Section 17(2)(vi) of the Income Tax Act, 1961 — ESOP perquisite income
- Rule 11UAA of the Income Tax Rules, 1962 — FMV determination at ESOP grant
- Section 112A of the Income Tax Act, 1961 — LTCG on listed securities (equity shares / equity MFs)
- Section 48 of the Income Tax Act, 1961 — computation of capital gains
- Section 115UB of the Income Tax Act, 1961 — AIF pass-through taxation (Cat I / Cat II)
- Section 6 of the Income Tax Act, 2025 — residency determination for individuals
- FEMA (Overseas Investment) Rules, 2022 — Liberalised Remittance Scheme (LRS)
- Section 164 of the Income Tax Act, 1961 — taxation of discretionary trusts
- Section 56(2)(x) of the Income Tax Act, 1961 — gift tax on property transfers below stamp duty value
Ready to consolidate your tax, investment, and succession planning?
One CA handles what four advisors used to — ITR, FEMA, investment structuring, and succession. We respond within one business day.