Clearing CA is never just about one exam - it's years of discipline, sacrifices, late nights, and unshakeable grit finally bearing fruit.
Welcome to the profession, fellow CAs! May your signature carry trust, your advice bring value, and your journey ahead be filled with growth, integrity & success.
Proud of every one of you.
🚩 Red Flag #1 Mismatch Between GSTR-1 & GSTR-3B
When the invoices you declared in GSTR-1 don't match the tax you paid in GSTR-3B, it immediately raises a question "are you suppressing tax liability or overclaiming ITC? "
This is one of the top triggers for automated scrutiny notices under Section 61.
Fix it: Reconcile GSTR-1 vs GSTR-3B every month before filing. Even a one-rupee difference needs a documented explanation.
2️⃣ Tax exemption on maturity applies only when you redeem with RBI after 8 years.
If you bought SGBs from the exchange and sell them on the exchange, different tax rules apply.
🎓 GST on Education Services: What's Changed?
Circular 234/28/2024-GST has clarified critical issues for educational institutions. Here's what you need to know:
1. Affiliation Fees Now Taxable at 18%: Universities charging affiliation to colleges and boards charging affiliation to schools must levy GST. This is NOT covered under admission/examination exemptions. Only affiliation to government schools remains exempt (Notification 08/2024-CTR).
2. "Educational Institution" Has a Strict Definition: You must provide:
Pre-school to higher secondary education,
OR
Education for qualifications recognised by Indian law, OR
Approved vocational courses: Coaching centres don't qualify—they pay 18% GST.
3. Exemptions Are Level Specific: Catering, transport, and security services TO institutions are exempt ONLY for schools up to higher secondary. Universities must pay GST on these.
4. IIMs & Professional Training: Post-IIM Act 2018, all long-duration programs (1+ year) by IIMs are exempt. DGCA-approved flying courses and DG Shipping maritime courses also qualify as education recognized by law.
Action Required: Universities and boards need GST registration for affiliation activities and must decide whether to absorb or pass through GST to affiliated institutions.
The line between exempt and taxable services requires careful analysis of institutional recognition and qualification outcomes.
#EducationServices #TaxCompliance
He took 14 attempts to become a Chartered Accountant.
He spent 7 long years struggling while his friends moved ahead.
People mocked him. Relatives questioned him.
But he didn't stop.
Today, he is a 3-time Central Council Member of ICAI.
He is the Chairman of the Digital Accounting and Assurance Board.
He is none other than CA Dayaniwas Sharma.
This story was shared with me by the ICAI President, CA Charanjot Singh Nanda, and it completely shifted my perspective on failure.
He shared this story and a simple line: "Difficult roads lead to beautiful destinations."
We often judge our worth by how fast we clear the exam. But in the long run, nobody asks how many attempts you took. They ask what value you bring.
If you are feeling low about your attempts, this story is for you.
If you are struggling today, remember: Your history doesn't define your destiny. Your courage does.
#ca #motivation #failure #resilience #icai #kushallodha
2 Simple demands
Rollback UGC
Take resignation of Dharmendra Pradhan
Or start watching your End @BJP4India
Sir @narendramodi don’t do this 🙏🏽 we have loved you like anything . Don’t do this to our kids . There life matters .
कोई कह रहा था चार लोग सडक पे UGC के खिलाफ नहीं आएंगे मै कहता हूँ थोड़ा सब्र कीजिये 4 करोड़ लोग सड़को पे आएंगे आपको बस रिपोस्ट करना है अपने लोगो को जगाना है #UGCAct
Dear General Category brothers and sisters,
One question:
if the Modi does not roll back the UGC guidelines
Will you all stand together for a nationwide movement?
I pledge that until justice is done for GC, I will not remain silent.
With us or not?
#NoUGCRollBack_NoVote
You stayed silent when Reservation increased to 70%.
You stayed silent when SC/ST Act got more draconian.
You stayed silent when Caste Census was announced.
This Republic Day, don't be silent.
SAY NO TO UGC REGULATIONS.
I first noticed Shehbaz Badesha🔥♥️ during BB13 interviews, quietly and genuinely supporting his sister. Nothing loud, nothing fake, just pure family love 🤍
Then came Family Week, and that’s when he really stood out. Calm, grounded, dignified. He handled situations with grace, held his ground, and never lost respect. Weekend Ka Vaar, finale moments, even the behind-the-scenes clips, everything felt real and heartfelt.
Over time, watching his journey through reels, tweets, and people’s reviews, one thing became very clear, this man is honest. And yes, his humour deserves a special mention 😄 It’s the kind that sounds simple at first, makes you smile, and then hits you a moment later — “wait… that was actually smart.” Clean, sharp, intelligent humour, said casually, understood later.
People judged his looks, his weight, his way of speaking, but perfection has never been a condition for being a good human, right? Kindness, intent, and integrity matter more, and Shehbaz has that, quietly, without seeking attention. He often hides wisdom behind humour and depth behind simplicity. A solid soul who does good even when no one’s watching, and honestly, that’s the best kind 🧿
Right now, his new project “Fame Dekh” is live on YouTube, and honestly, it deserves to be super duper hit ✨
If you’re reading this, please don’t just like this tweet — go to YouTube, search for Shehbaz’s new song, watch it fully, and leave your comment there, on his video or his tweet, not here. Let your support reach him directly 🤍
Some words arrive wrapped in play, their meaning blooms a moment away.
I like him as an elder brother, as a human being. Wishing him growth, success, peace, and may nazar always stay far away 🌿✨
Keep rising, Shehbaz. You’re doing just fine 🤍🙏 #ShehbazBadesha𓃵 #ShehbazKeBazigars #ShehbazBadesha @ShehbazBadesha@OFCShehbazArmy@AGreenEyedMnstr