@abhishekrajaram's Latest Twitter Threads

1,000+ Income Tax Notices issued for "Moonlighting income" issued for financial years 2019-2020 and 2020-2021. Article written and submitted with @CAclubindia . Hope it is approved soon.

Supreme Court strikes 75% marks criteria in Class 12 for Sports Quota in Dev Gupta vs PEC University of Technology [SLP (Civil) No(s). 15774 of 2023, dated 09-Aug-2023]

Unravelling the complexity of legal terminology: Differentiating between a 'Notice' and a 'Show Cause Notice'.

Bombay High Court's ruling in Vinod Metal vs. State of Maharashtra' on 18.07.23 (WP (L) #17026/2023) redefines justice. Pre-deposited amounts under protest can now be adjusted for appeal under section 107.

Probe on insurers over, Income Tax department finds alleged tax evasion of Rs 15,000 cr ~ Reports The Economic Times #GSTInsightsByARR

The Lok Sabha passed the bill ✔️ on Friday, seeking amendments to both the Integrated Goods and Service Tax Act, 2017 and the Central Goods and Service Tax Act, 2017.

Companies pay GST twice as suppliers err in filings Genuine buyers, due to data mismatch, have to reverse their ITC claims - the sum involved for a large company could run into crores of rupees.

In a recent letter to the government, FADA requested that the GST on entry-level two-wheelers be reduced from 28 to 18% FADA argued that the high GST rate is making entry-level two-wheelers unaffordable for the common man. This is leading to a decline in sales of these vehicles.

Glitched GST portal! Mark the date - August 11, 2023. India's GSTR-1 filing deadline meets a tech nightmare. The GST Portal crashed on August 11, 2023, on the due date of filing of GSTR-1 in India.

Layoffs and shutdowns as GST chars real-money gaming companies The move to impose 28% goods and services tax on online gaming at full face value has started shaking up the real money gaming sector even before its implementation, with layoffs, shutdowns and funding troubles