CA Sahil Jain

Practicing Chartered Accountant !

[CA Sahil Jain @ca_sahiljain]

Probably getting donations to PM Cares Fund from temples gold reserves and FD would have been more better option than asking citizens to donate who themselves do not have much savings. @PMOIndia @FinMinIndia
Retweet if you guys agree !

[Nirmala Sitharaman Office @nsitharamanoffc]

Under the third phase, 1.23 lakh MT of foodgrains was provided to 2.5 cr beneficiaries in May 2021, 1.21 lakh MT to 2.4 cr in June, 1.1 lakh MT to 2.2 cr in July, 1.05 lakh MT to 2.1 cr in August & 3,685 MT have been provided to 7.4 lakh beneficiaries in September (as on Sept 16)

[Income Tax India @IncomeTaxIndia]

CBDT issues press note clarifying doubts arising on the applicability of TCS provisions introduced vide Finance Act, 2020. Circular No. 17 of 2020 dt 29.09.2020 containing guidelines for the same issued earlier.
Detailed press release:

[CA Sahil Jain @ca_sahiljain]

Also there has been no info out yet about passing of Taxation & other laws (Relaxation & Amendment of certain provisions) Bill, 2020 from Rajya Sabha. It has already been passed by Lok Sabha 10 days back on 19.9.20 @nsitharaman @FinMinIndia

[CA ABHISHEK TIWARI @caabhishek2012]

Kindly extend the due dates for ITR FY 2018-19, TAR, GSTR9/9C 2018-19 & all GST Returns without late fees upto 31.03.2021 in view of the Covid19.
@FinMinIndia

@cbic_india

@nsitharamanoffc

@IncomeTaxIndia

@narendramodi
#extendduedates

[Quint Neon @QuintNeon]

A woman's account of being on the same flight as #KanganaRanaut...

[CA Sahil Jain @ca_sahiljain]

Is it really inadequate data storage capacity reason or the law that empowers deletion of data beyond 3 years ?
One Nation One Tax - Multiple flaws on it's way, sometimes they amend, sometimes they delete and extension is sole basis for getting revenue and compliance done

[CA Sahil Jain @ca_sahiljain]

@AdithMalhotra @prabhat15082370 @cajktiwary Because only 50% of donation amount gets deduction in maximum cases. So ideally you will have to donate 2100 to get deduction of 1050

[CA Sahil Jain @ca_sahiljain]

Well this time ICAI selected "Opt Out" option and not the students. May 2020 exams cancelled.
Stay safe and take care students.
Use the time well and prepare well for Nov 20 exams.

[Gaurav Maini @GauravMaini_15]

@ArvindKejriwal I along with my family are under home quarantine as we are covid +ve, and we are struggling even for basic necessities such as milk and medecines no one is ready to deliver. And we have a 80 year old +ve diabetic patient with us at home.
@PMOIndia @AmitShah

[CA Sahil Jain @ca_sahiljain]

And what is not to be done.
By the People, for the People.
@MoHFW_INDIA

[CA Sahil Jain @ca_sahiljain]

Honorable @narendramodi
Clapping hands and ringing bells was towards gratitude for all those who are working even this hours to keep all of us safe. But seems that your msg hasnt been communicated properly to Indian masses as a result people have gathered in crowds at 5 pm and

[CA Sahil Jain @ca_sahiljain]

Defeated the whole purpose of Janta Curfew. We are already at a stage where we cannot afford such gatherings and government is already taking relevant measures.
Its request that whenever next you address Indian masses, please be very specific and make it clear what is to be done

[Ministry of Health @MoHFW_INDIA]

Everyone need not wear a mask.
Know, when and how to wear a mask!

#COVID19 #IndiaFightsCorona #CoronaOutbreak #HealthForAll #SwasthaBharat

[Dr Harsh Vardhan @drharshvardhan]

Don’t chase the Sanitizer
Grandma’s soap bar is better !

Alcohol-based Sanitizers are effective, but soap & water is a highly efficient way of killing the virus
#coronavirus can be active outside the body for hours
Sanitizers are good, but nothing compared to a soap & water wash

[Manoj Basniwal @BasniwalManoj]

How can a person pay Advance @IncomeTaxIndia due on 15th March if his Main Bank Account is in @YESBANK? And if unable to pay on due date then whether INTEREST/PENALTY would be charged for delay? Same for GST due on 10th March.
@FinMinIndia @nsitharaman @cbic_india @menakadoshi

[Manoj Basniwal @BasniwalManoj]

Even after presenting homebuyers issue before the standing committee on I&B (2nd Amendment) Bill by @FightForRERAInd and @PRSLegislative, NOT a single para in report dt 03-03-20 mention about Sec. 7 amendment effects on Homebuyers. Strange.
@jayantsinha @A_Parolia @KailashBabarET

[CA Sahil Jain @ca_sahiljain]

@HahParth Rather then removing this rule, they had further reduced it to 10%

[CA Sahil Jain @ca_sahiljain]

Does department cancels the GST registration of an ongoing business referring to their SCN issued 1 year ago and not checking whether currently taxpayer is complying with GST or not ?
Who shall take responsibility for interruption in ongoing business ?
@GST_Council @askGST_GoI

[CA Sahil Jain @ca_sahiljain]

Received GST cancellation order from department on 21.11.19 referring to their SCN dt 3.12.18 and stating reasons as non-filing of returns. Whereas all returns has been filed till October, 19 timely and previously non filed returns have also been filed along with late fee.

[CA Sahil Jain @ca_sahiljain]

@FinMinIndia @nsitharaman @nsitharamanoffc @cbic_india @gstindia Shouldn't ITC 20% rule be deter further till the time its queries are solved and its implications be made further simple.
Deterring it to further date will atlst enable filing of October returns which is due and coming close.