CA Satyanarayan Acharya

[JayPrashanth @JayPrashanth]

E20 Petrol problems: SIAM (Society of Indian Automobile Manufacturers) finally wakes up and smells the coffee.

SIAM flags the serious engine and fuel system damage that poor quality E20 petrol is causing.

SIAM has written to the Ministry of Petroleum. 3 major issues:

1. Chloride contamination of ethanol.

2. Water ingress into E20 petrol.

3. Phase separation caused due to the moisture/water ingress.

SIAM has flagged the huge increase in fuel and engine component replacements that many OEMs have witnessed after the nationwide roll out of E20 petrol.

@CarToq

https://t.co/YVZOFc9UrP

[Ankit Yadav @ankit_investing]

🚨 IPO Allotment Is Not Going Good For Retail Investors.

They Arrange Money , They Work Hard to Get Fund To Apply In SHNI/BHNI Categories.

In Response - They Won’t Get Fair Allotment In IPOs. All Big Guns Corporate Took Advantage .

Why I Am Saying ? Today I Am Really Disappointed 😞

I Rarely Seen An Ordinary Investor Who Get SHNI/BHNI Allotment In Indo MIM IPO 🇮🇳

This Needs To Be Fixed . Allotment Process Needs To Be Fair .

[CA Satyanarayan Acharya @Ca_S_Acharya]

@E20Party E20

[The Live TV @thelivetvnews]

वित्त मंत्री निर्मला सीतारमण ने कहा है कि "पेपर लीक होने से बच्चों को पढ़ने का और ज़्यादा वक़्त मिल गया." इस पर पत्रकार कृष्णकांत ने कहा है कि "किसी निर्लज्ज मंत्री को 22 बच्चों की मौत के भी फायदे बताने चाहिए - "मृत्यु के बाद पुनर्जन्म मिलेगा" मूर्खता की यही खूबी है कि इसकी कोई लिमिट नहीं होती."

#NirmalaSitharaman
#PaperLeak
#ExamReforms

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

India's students deserve an examination system built on integrity, transparency, and accountability.

Any statement that appears to downplay the seriousness of paper leaks undermines public confidence in our institutions.

Leadership must be accountable for its words and actions.

If accountability is to mean anything, Finance Minister Nirmala Sitharaman should step down from her position.

#Accountability #Education #ExamReforms #StudentsFirst #India

[Atul Modani @atulmodani]

Big victory for students of our country.

Tributes to 21 students who lost their lives because of misgovernance and Corruption in NEET examinations, their families have lost their future hopes.

Condolences to them.

[CA Ruchita Vaghani @R_N_Vaghani]

Gujarat Model - Valsad, Gujarat

BJP Rule here since Last 30 Years. Still they are not even able to Build Good Drainage Systems.

And you idiots thinks BJP will make us Vishwaguru in 2047.

Reason why we call them Andhbhakt.

[The Hindu @the_hindu]

JUST IN | Saurav Das: "We are launching a website where we request all protesters to identify the police personnel who attacked and injured them on 20 July. We will identify every officer who used brute force and push for an FIR to be filed against each of them. If the Delhi Police refuses to file FIRs, we will approach the court. We have the support of lawyers from across the country."
- @suruchiarchives reports
https://t.co/G39fgNnAaS

[Ravisutanjani @Ravisutanjani]

🚨 India Badly Needs 5 Major Reforms Currently

• Education
• Political
• Judiciary
• Bureaucratic
• Urban Infra & Civic Sense

This Can Fix a Good Number of Public Issues

[Pratibha Gupta @PratibhaGoyal]

On student Protests!

बात इतनी बढ़ी नहीं होती, अगर सही वक़्त पर बात कर ली होती!

[Cockroach Janta Party - CJP @Cockroachisback]

“Police didn’t use force”

[Dev kumar @introvert__boy]

Ministers of India 🤡

#संसद_मार्च
#CJPProtest

[sonu sood @SonuSood]

हमारे छात्रों को लाठियाँ नहीं,
गले लगाने वाले हाथ चाहिए❤️🤗🇮🇳

The future of our country deserves a hug, not a lathi.🤗

[Arpit Sharma @iArpitSpeaks]

History will remember how a Darpok ordered Security Forces to aim weapons on the youth of the country.

The world is watching!!

[antifascist @antifascistian]

India’s best Education Minister

[The Analyzer (News Updates🗞️) @Indian_Analyzer]

🚨 SHOCKING!

Sonam Wangchuk has described tomorrow's protest march as India's "SECOND FREEDOM MOVEMENT." 🤯

He said the march is aimed at building a "Injustice & Fear FREE India."

[CA Ruchita Vaghani @R_N_Vaghani]

Pure Petrol Price

₹97/L - Bhutan
₹98/L - Afghanistan
₹102/L - Pakistan
₹106/L - Nepal
₹112/L - Bangladesh
₹141/L - Sri Lanka
₹167/L - India

Don't raise voice..
FIR will be done

[CA Ruchita Vaghani @R_N_Vaghani]

Result of Oligopoly

[CA. Dhairya Keshri @Dhairya__tweets]

Client: I'm purchasing a property for ₹90 lakh, but the Stamp Duty Value (SDV) is ₹98 lakh. Will I have to pay tax on the ₹8 lakh difference?

CA: Not necessarily. Buying a property below the Stamp Duty Value doesn't automatically make the difference taxable.

Client: Then how is it determined?

CA: We need to check two conditions under Section 56(2)(x):

1. Whether the Stamp Duty Value exceeds 110% of your purchase price, and
2. Whether the difference between the SDV and your purchase price exceeds ₹50,000.

Only if both conditions are satisfied does the difference become taxable.

Client: Why does the law allow a 10% difference?

CA: Because the Stamp Duty Value is only a government guideline for stamp duty purposes. It may not always match the actual market value.

For example, a property may be sold at a lower price because:

- It is old or requires major repairs.
- There are legal or title-related issues.
- The seller urgently needs funds.
- Market prices have fallen, but the circle rate hasn't been revised.

Instead of taxing every genuine transaction with a small variation, the law provides a 10% safe harbour.

Client: So let's check my case.

CA: Sure.

- Your purchase price = ₹90 lakh
- 110% of your purchase price = ₹99 lakh
- SDV = ₹98 lakh

Since the SDV (₹98 lakh) does not exceed ₹99 lakh, your case falls within the 10% safe harbour.

Result: No tax is payable, even though the difference is ₹8 lakh.

Client: Wait... the difference is ₹8 lakh, which is much more than ₹50,000. Doesn't that make it taxable?

CA: No. The ₹50,000 limit alone doesn't trigger taxation.

Think of it as a two-step test:

- Step 1: Has the SDV crossed 110% of the purchase price?
- Step 2: Is the difference more than ₹50,000?

If the answer to Step 1 is No, the matter ends there. The ₹50,000 condition becomes irrelevant.

Client: Understood. Then can you give an example where tax will actually apply?

CA: Suppose everything remains the same except the SDV is ₹1.10 crore.

- Purchase price = ₹90 lakh
- 110% of purchase price = ₹99 lakh
- SDV = ₹1.10 crore ✔️ (crosses the 10% safe harbour)
- Difference = ₹20 lakh ✔️ (more than ₹50,000)

Since both conditions are satisfied, the difference becomes taxable under Section 56(2)(x).

Client: So the rule is simple?

CA: Yes.
Buying a property below the Stamp Duty Value does not automatically attract tax. First check whether the SDV exceeds 110% of the purchase price. If it doesn't, you're protected by the 10% safe harbour. If it does, then check whether the difference also exceeds ₹50,000. Only when both conditions are fulfilled does the buyer become liable under Section 56(2)(x).

[RushLane @rushlane]

🚗 Maruti Suzuki to challenge consumer court order over E20 compatibility case.

After a Raipur District Consumer Commission directed the company to replace a customer’s vehicle with a new E20-compatible model, Maruti has issued an official response.

According to the company:

✅ The vehicle was already E20-compatible

⛽ The owner’s manual clearly mentioned E20 compatibility

🧪 There was evidence of contaminated fuel in the vehicle

⚖️ Maruti says it will challenge the order before a higher forum

The case has sparked fresh discussion around E20 fuel compatibility and manufacturer liability.

#MarutiSuzuki #E20 #GrandVitara #ConsumerCourt #AutoNews #CarNews #RushLane