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10 Apr, 4 tweets, 2 min read
After Lockdown Birthday last year, I feel blessed to have office collegues who can be so "expressive" inspite of working in a COVID shell from a year.

#preponed #birthday #11april
Sticky Notes with birthday wishes from each staff. If I can guess who wrote it, I get the chocolate or its to be returned!

Where the word used is 'Hope to learn', it means new interns!

Planning to give a short submission to each staff today, and match the handwriting!

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More from @mehulshahca

The Startup CA Profile picture
10 Apr
Myth : When your oxygen Goes below 90 % , Get admitted.

Now if you see data.
More than 50 % of deaths are within 48 hours of admission.

What does it mean.
PEOPLE ARE REACHING HOSPITAL TOO LATE
Once Resting Oxygen is less than 90 % , more than 60% of your lung is involved.
So How would you prevent this :

Whether its Home Treatment ( Not home isolation) or hospitalization .
EARLY TREATMENT is the key.
Fever , bodyache, weakness and in aged loss of appetite are early symptoms, Dont neglect them .
●MOST IMPORTANT
If you are in Home Quarantine check oxygen after walking for 5 mins , if oxygen after walking falls less than 94 % , it means in next 24 to 48 hours it will fall at Rest . This will give you time to arrange an Hospital bed and reach before its bad.
Read 5 tweets
The Startup CA Profile picture
26 Sep 20
Took Rs. 1380 Crore in 2017 for @Infosys_GSTN but there is no end of errors. Enough of Representations to @FinMinIndia and @Infosys_GSTN. Its time to deal the corporate way. I urge all to post one error and tag one client of @Infosys and ask them if they also get such service ?
@ICICIBank
@DeutscheBank
When @Infosys designed Softwares for you, did you also face same problems like delayed OTPs after expiry, need for customer standing in online queue while logging in and mistake in calculation,like we taxpayers face as GST penalties are calculated wrong?
@Accenture When @Infosys designs Software for you, as part of Technical support do they write "Our Team will get back to you and then leave a mystery ? #ExtendGSTR9C
Read 8 tweets
The Startup CA Profile picture
25 Sep 20
@IncomeTaxIndia @narendramodi fulfils his word to roll out the Faceless Appeal Scheme on 25th Sep on occasion of #deendayaljayanti. Distinguished features of the Scheme are:
1. There shall be National Faceless Appeal Centre , Regional Faceless Appeal Centres and Appeal units
The National Faceless Appeal Centre shall assign the appeal to a specific appeal unit in any one Regional
Faceless Appeal Centre through an automated allocation system
#FacelessAppeals #FacelessAssessment
For every delay in filing an appeal beyond the statutory limit of 30 days, there shall be separate review of the reasons by the Appeal Unit and the NFAC shall intimate the appellant whether the appeal is admitted. This might result into more litigation to ITAT on non-admission.
Read 7 tweets
The Startup CA Profile picture
13 Sep 20
The #COVID scenario would want you to try new gadgets. In life, it is really important to explore and settle for optimal solutions rather than the "stated best" and so these are 5 reasons I opted for @LGMobileGlobal #G8xThinQ #dualscreen compared to @SamsungMobile #Fold2
1. Like any other foldable phone , ThinQ is also bulky but Dual screen comes as an accessory which is detachable when you want to not multitask but use a simple phone. Thus instead of using bleeding edge and expensive tech, LG has made something less impressive but more practical
2. Although both phones does different things better than the other, for multi-tasker as me, it is more practical to use two apps like Whatsapp + Google or Google Maps + Restaurant reviews on two seperate screens rather than Samsung requiring split-screen software implementation Image
Read 6 tweets
The Startup CA Profile picture
30 Aug 20
5 Reasons why Faceless Appeals without options for Video Conferencing etc might prove to be a nightmare for taxpayers.
@nsitharaman @theicai @FinMinIndia @IncomeTaxIndia @CAclubindia @taxguru_in @itatorders
#FacelessAssessment
The major reason for tax liability in initial years of Faceless assessment would be instances arising out of communications and system lacuna and errors and then Faceless appeal would further add to the fuel with the same system shortcomings instead of coming to taxpayers' rescue
The taxpayer gets a stay of demand subject to 20% tax payment during pendency of the first appeal but after order of CIT(A), taxpayer is fastened with recovery of 100% tax so more revenue minded orders out of faceless appeals and SOPs will result into undue hardships for taxpayer
Read 6 tweets
The Startup CA Profile picture
30 Jul 20
Would like to present my e-Book on Angel Tax which shall be a helpful guide when someone invests in Indian Startups

@amitabhk87 @telljeeves
@ianetwork @dkhare
@harshmadhusudan @BlumeVentures

Perils of Angel Tax and its effect on Startup Ecosystem bit.ly/2CWfh1W
@rchowdhri @avnish
@sajithpai @subtletea @skirani @TVMohandasPai @GonzagaCapital @FasterCapital @BKartRed @Sujeet_fk @Jetty_Ventures @arpiit @InventusIndia @GembaCapital @Adithpodhar @mehtasanjay @pratikpoddar @NexusVP
The Common modus operandi between a Shell Company ( used to convert black money into accounted ) and Angels/VCs genuinely investing into Pvt Ltd is that both are issued shares are a premium. The Govt cannot differentiate the good from the bad, and so the birth of "Angel tax"
Read 9 tweets

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