🚨 Fontgate!

Property sold for ₹1.4 crore

Claimed ₹73L indexed acquisition cost

Claimed ₹68.7L as “cost of improvement” (lol)

Declared LTCG: ₹24,774 🤯

There was just one problem...

A thread ( 1/n ) There was just one problem

The supporting documents for COA and COI of 2002 were typed in "Calibri"

And here’s the twist

Calibri wasn’t publicly available until 2004.

How I could get 10 years' B1/B2 Visitors US Visa within 6 months without any help of agent.

All you need to know for Indian passports.

A thread. ( 1/n )

#USVisa #USA

1. Typically, the process for a U.S. B1/B2 Visa involves filling out the DS-160 online application form, paying the visa fee, scheduling an interview for biometric at OFC AND then an interview at the U.S. embassy or consulate, and attending the interview with required documents.

I was delaying the application every year thinking that the process might be too tough and it would takes years' to get US Visa appointment so always ended up with booking other destination Flight ticket than making US Visa Application.

Then, One fine Sunday, I decided to lock myself in the room for two hours till I complete DS-160 individually for all 4 members.

You can access the form online at ceac(dot)state(dot)gov/ceac/

Apart from personal details, You will need to fill in income details as well as details about last 10 countries travelled and address of second kins staying in US.

Striking Difference between Old Income Tax Act vs New Income Tax Bill

A thread ( 1/n)

1. Structural Differences
Introduces the concept of tax year instead of previous year or assessment year 2. Newly introduced Sections in Income Tax Bill, 2025

So here is how you can plan a 6 Days Trip to Almaty for less than 50k pp all inclusive!

Visit before it becomes the next #Vietnam or #Azerbaijan!

A thread ( 1/n ) If your Visa is rejected for Schengen etc this Diwali, just take a flight NOW to Almaty.

Did you know that Almaty situated in Kazakhstan is just a 3 hours direct flight from Delhi and it is a Visa free country for Indians if you are visiting for less than 14 days.

So not even Visa on arrival or e-Visa!

Flight from Delhi costs around 22k round trip.

12. Day 8 of Swiss Pass ( Picture Abhi Baaki Hai )

If you wish to keep only one Base for whole Switzerland tour, Luzern should TOP the list

We shifted our base to Luzern for last 3 days of our Switzerland trip after Lausanne and Meirengen.

Nestled amidst breathtaking mountains and serene lakes, Lucerne's proximity to popular attractions such as Mount Pilatus, Mount Titlis, and the Swiss Transport Museum makes Luzern an ideal base for DAY TRIPS.

On arriving, we did a 1 hour Yatch sailing which is again included completely FREE with Swiss Pass

Continued Thread ( 12 /n )

#Switzerland #Luzern #SwissPass 13. The Lindt Chocolate Factory, also known as the Lindt & Sprüngli Chocolate Factory, is a paradise for chocolate lovers. Located in Kilchberg, Switzerland, it offers an immersive experience into the world of Swiss chocolate craftsmanship.

We missed our slot earlier day at Lindt so went again for Chocolate Tour at Lindt. The tour is priced at 17 CHF but very informative and we also get to taste Live chocolates from Flowing chocolate Fountains and classic bars and new creations during the tour and also take 10 Lindor with you as you Exit the tour. So it is pure PAISA VASOOL

Switzerland is home to some of the world's most famous chocolate brands like Lindt, Toblerone, and Nestlé. These brands have not only set global standards for quality but also driven economic growth.

Not only do Swiss people eat more chocolate per capita than anyone else, Switzerland is also one of the world's biggest chocolate producers. In 2019 the 17 leading chocolate manufacturers produced more than 200,000 tonnes of chocolate, of which almost 74% was sold abroad.

In 2023 alone, the Swiss chocolate industry generated over CHF 1.5 billion in revenue, with substantial exports worldwide.

#Lindt @Lindt #chocolate

No travel agency will take you to this route but here's how we travelled Switzerland with 25+ cities in 11 Days including 4 Boat Cruises for total price of Rs. 90k for family of 2 Adults and 2 Kids using Swiss Travel System

A thread ( 1/n ) 1. Swiss Travel Pass gives you access to unlimited travel by Trains, Trams, Bus and Boats and selected Cogwheel railway too and entry to 500+ museums.

We bought 2 Adults 15 days Pass for 45k each and we get a Family Card for Free which gives free travel to children less than 16 years which includes free access to exursions like Titlis, Glacier 3000 too with paying adult.

Tip : Download SBB app from Playstore/ Apple store.

Travel agency will not suggest this as they have to accomodate a bigger group so they cannot risk one person being late or missing train.

But beauty of Swiss Travel is that they are most punctual , are at regular intervals and designed meticulously that interconnecting trains are almost waiting for you on opposite platform.

It is said that the VALUE is in the eyes of the beholder so in the next 15 min, let me derive the VALUATION range for #Mamaearthipo with facts and figures.

A thread 🧵 #mamaearth became the 1st unicorn in 2022 with signs of profitability and is likely to be the 1st new age D2C Startup to have an IPO after audiotech brand #Boat withdrew its IPO plans earlier this year citing uncertain market; it is imp to understand the positioning of #Mamaearth

In every MLM scheme, you need a Product to be marketed where the early participants gains whereas the last entrants lose money and are struck

In case of #Mamaearthipo , the "shampoo" is not the Product but the "Founders" are the Product.

Lets understand the Game!

A thread(1/n) 1. The Startup has raised $126 million ( 1000 Cr ) in 8 rounds to reach at the revenue of 920 Cr.

It is like paying you Rs. 100 to buy their product of Rs. 92

Salient features of Code of Civil Procedures which every common citizens should know

A thread ( 1/n) There are High Courts, District Courts and civil courts sub-ordinate thereto and Small Causes Court to which a Plaintiff can lodge his case (plaint) and the other party is called Defendent and the final decision is called DECREE which is formal expression of an adjudication.

Suggested itinerary for #Vietnam with some hidden gems and unexplored places as per public demand!

A Thread🧵

#traveltips #travelblogger #Hanoi #hochiminhcity #Danang #HoiAn #Flights Choose Vietjet ( book direct) or Indigo

Try both permutations
Departure: Mumbai - Hanoi
Return: Ho Chi Minh City - Mumbai
and vice versa

to get best price and timings ( so you don't land midnight and pay for 1 N more)
Internal flights: #Vietjet Danang as 3rd city

Tips for travelling to Vietnam

A thread ( 1/n)

1. While in Hanoi, book Hotel Lotte

PS: Thank me later 2. Book Airport transfers through @KlookTravel app and surf other offers

Mar 2019, #BYJUS showcased investors that in FY21, Revenue shall be 5609 Cr and profit be 549 Cr and justified its Val at 16364 Cr

Done Revenue of only 2800 Cr and loss of 4500 Cr in FY21 but now at Valuation of 1,75,606 Cr

Startup Valuation is biggest MLM scam of this century! Every #MLM needs an innovative Product.

So here comes an "An Idea + flamboyant Founders who can Pitch + a legal entity" packaged as a Product wherein an existing investor is expected to recruit new investors at higher valuation.

#BYJUS #startups #sharktankindia

Well,

CA Se Door Raho -

CA Ko Nikal Do -

But this is how me as a CA as well as other CA/CS around me have added value to #Startups and #Angel #Investment
#SharkTankIndia #startupindia #SharkTank ( 1/n )

@namitathapar @amangupta0303 @Ashneer_Grover @peyushbansal @vineetasng Angel Investors commit to invest in Startups without having any knowledge that there is a deemed "Angel tax" on premium paid on equity u/s 56(2)(viib)

I have saved 200 Cr+ on tax on such hasty decisions taken by #Investors by applying for #Angeltax exemption #startupindia
(2/n)

If you think #Travelling Is Expensive, you might just be doing it wrong

This is how I booked my #Maldives Package for Rs. 28k ( $375 ) per person ( 3 pax )

A Thread ( 1/n ) While for most people extravaganza is a symbol of luxury, for me Maldives has been abt different shades of Blue which itself is a luxury to behold
Maldives are an archipelago of 1,192 coral islands grouped into 26 coral atolls ( 154 islands tourist resorts) in the Indian Ocean

The content of email written by student considered as derogatory remarks and her apology letter. Sadly, she has to go through such a turmoil.

Remarks by High Court which should enable ICAI ( us ) to introspect the internal system and accountability.

(1/n) A perusal of the e-mail sent by the petitioner
reveals that the same was addressed to President and
other office bearers and not to the Exam Committee. Hence, the EC ought not have taken cognizance of an e-mail sent to the President, unless the President directed it to do so.

Today, would like to share the thought process and inspiration behind building the South Gujarat's first #Coworking @ikoverk

Coworking Spaces are Plug and Play offices for #Startups, #Freelances, #Consultants and #SMEs but we wanted to build something more- a Community (1/n) As you enter, you with find a Large Front desk with volunteers to guide you and onboard you for a 7 Days Free Trial amidst the aroma of Coffee and chirping of fellow coworkers discussing new ideas.

#Connect #Collaborate #Celebrate is the motto.

After CA in 2009, when seniors suggested that I should join "Big4" for few years, then join own practice but I believed that I should start right away and make my next office with my own perception of an ideal office. It took 10 years but would like to share the vision (1/n) The Promoters' Cabin is built on the theme of "Possibilities"
The Art work depicts all possibilities of winning in a Tic Tac Toe game meaning therein that when you come here, all the possibilities for winning a "Tax Litigation" is taken care of.

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!

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 .

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?

@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