CA Aditya Venkat

Chartered Accountant

[Muthukrishnan Dhandapani @dmuthuk]

For those who may not be aware:

Just 4 states - Tamil Nadu, Karnataka, Gujarat, and Maharashtra - contribute around 70% of the country’s exports.

[🎓 CA Pratik Bharda @pratik0227]

A client WhatsApp, last March:

"Pratik bhai - iPhone ki cost ₹1,49,900 nahi. Muje ₹1,27,033 mein padha. Maine ₹22,886 bachaa liya 😄 So happy!"

8 months later: GST notice. Section 17(5).

₹22,886 ITC disallowed.

Interest @24%. Penalty on top.

That ₹22,886 "saving" cost them ₹29,000+. 🧵

[CA Aditya Venkat @CaSubramaniam]

@carajendra89 Claude 100

[CA Nitin Chawla (A.C.A) @CANITINCHAWLA]

Before Signing Audit Reports

Check these 10 Red Flags .

Good Numbers Can Hide Big Problems.

Follow the Tax Talk with CA Nitin Chawla A.C.C.A channel on WhatsApp: 👇👇👇 https://t.co/FTvTNcWYpc

#Auditreport
#Audit
#Signs
#charteredAccountant
#Members
#ICAI
#CAMembers

[CA Akhil Pachori @akhilpachori]

SEZ in GST

[FinTaxPro @fintaxpro_CA]

🚨 BIG INCOME TAX COMPLIANCE CHANGE FROM 1 APRIL 2026 🚨

Now maintaining books of account is not enough…Under new Rule 46(8) of Income-tax Rules, 2026, businesses and professionals maintaining books in electronic mode may now be required to:
✅ Take DAILY backup of books of account
✅ Store backup on servers physically located in INDIA
✅ Ensure books remain accessible in India at all times

This rule can impact:
📌 Tally Users
📌 Zoho Books Users
📌 Cloud Accounting Users
📌 ERP Systems (SAP/Oracle etc.)
📌 Companies & LLPs
📌 Professionals & Businesses under tax audit

⚠ Weekly backup may not be sufficient.
⚠ Foreign cloud storage without India replication may become risky.

Tax Audit Reports may also require reporting regarding compliance of Rule 46(8).

Non-compliance may lead to:
❌ Penalty under Income Tax Act
❌
now review:
✔ Daily Backup policy
✔ Server location
✔ Cloud infrastructure
✔ Audit trail systems
✔ Data retention process

This is one of the biggest digital compliance changes introduced under Income-tax Rules, 2026.

I have draft email for asking such details

For detail Video refer - https://t.co/EABhsQvVA2

#IncomeTax #Rule468 #TaxAudit #IncomeTaxRules2026 #Tally #ZohoBooks #CloudAccounting #BusinessCompliance #ERP #CA #TaxUpdate #FinTaxPro

[Abhishek Raja "Ram" @abhishekrajaram]

During Today's session, we prepared a reply based on the case study stating that the party has received an SCN for non-filing of GST Returns for a continuous period of 6 months.

I'm sharing this reply (in MS Word) for you to use.
This reply covers almost all aspects of cancellatio by the department and our arguments from no revenue loss, to natural justice, to golden triangle (Article 14, Article 19(1)(g) and Articel 21 of the Constitution).

This reply covers almost all aspects of the department's cancellation and our arguments, from no revenue loss to natural justice to the golden triangle (Articles 14, 19(1)(g), and 21 of the Constitution).

Link to download the Word template is in the first comment.

Request: Please share your feedback after you review the reply.

Thanks

Abhishek Raja Ram
9810638155

[CA Bimal Jain @BimalGST]

Explained: Why income tax notices are rising and how you can avoid them

Read More at: https://t.co/xuJO6ICNNz

[Pratibha Gupta @PratibhaGoyal]

Timeline to issue GST SCN. Some crucial timelines coming soon!

[CA Rajendra Sharma @carajendra89]

🎁 FREE AI PROMPTS NOTES FOR PRACTICING CAs

Practical notes designed to help Chartered Accountants use AI effectively in daily practice for drafting, taxation, compliance, research, client communication, and productivity.

DM now to get your FREE copy.👍

[Pratibha Gupta @PratibhaGoyal]

Taxation of Crypto Currency

[CA. Dhairya Keshri @Dhairya__tweets]

Many clients panic when they see large cash deposits in their bank accounts during scrutiny. 🧐

As professionals, instead of allowing every deposit to be treated as unexplained income, we should check whether withdrawals were redeposited later.

Prepare a proper bank summary, track deposits and withdrawals chronologically, and calculate the highest running balance (Peak Credit).

This helps ensure only the real unexplained amount is taxed—not the same money multiple times.

Peak Credit Theory protects clients from unfair additions and unnecessary tax demands.

[Pratibha Gupta @PratibhaGoyal]

Presumptive Taxation Scheme

[Alpha ! @DMK662000]

Premalatha - avara venuna josiyakarana un selavu la veetla vechiko government salary kuduthu inga vechikadha

ROCKING 😭😭😭😭🔥🔥🔥🔥

#DMK | #premalatha | #TVK | #udhaynidhistalin

[CA. Dhairya Keshri @Dhairya__tweets]

Taxation of capital gains in India.

[CA Vivek Khatri @CaVivekkhatri]

PM Modi just asked 1.4 billion Indians to STOP buying gold for 1 year.

Why did he say it - only 0.01% understand.

Let's connect the dots 🧵👇

[CA Aditya Venkat @CaSubramaniam]

@cadeepakgupta_ [email protected]

[Kyunghoon Kim @Kyunghoon_Kim_]

I don’t know much about Indian elections, let alone those in Tamil Nadu.

My overall assessment, based on studies of political economy and institutions, is that Tamil Nadu will continue to grow steadily and remain a major industrial hub.

(1/n)

https://t.co/nGc2RT0sRe

[Vasudha Venugopal @Vasudha156]

Insightful piece by @muk22