Abhishek Somani

Chartered Accountant
Investor

[Abhishek Somani @caabhisomani]

PNR 4652541616 from vadodara to Ajmer. Initially I got the message that train will not stop at vadodara junction and alternate station givin is Chayapuri railway station but after chart preparation boarding changed to Ratlam which is around 4 hours journey from Vadodara.

[Abhishek Somani @caabhisomani]

@IRCTCofficial
the boarding station of this PNR: 4652541616 is changed without without any request from our side. We want to board from vadodara but boarding station is changed to Ratlam.

[Abhishek Somani @caabhisomani]

@C_R__11 It’s a success and failure both.

[Abhishek Somani @caabhisomani]

@Rezang_La Listen the destiny song - ay least twice and share your review.

[Abhishek Somani @caabhisomani]

@kushallodha548 @AtulDRaval Jyoti resins

[Abhishek Somani @caabhisomani]

@suru27 I have taken the membership today !!!!

[Abhishek Somani @caabhisomani]

@R_N_Vaghani @CAChirag Here is a comparison of India's tax-free limit vs. per capita income against major developed countries. No other country comes even close to this.@CAChirag

[Abhishek Somani @caabhisomani]

@R_N_Vaghani does the ICAI code of ethics allow the posting politically motivated messages while using 'CA' prefix
@theicai

[Abhishek Somani @caabhisomani]

When I look at financials of few listed companies- I doubt if such CA’s even deserve to practice in India.

https://t.co/iVVPFKoZpX

[Atul Modani @atulmodani]

Initiative by Chartered Accountant Association Surat to stop unethical practice by few CAs

DO NOT SKIP. READ IN FULL

It is disheartening to learn that every year many CAs loose their hard earned client just for exercising caution and not issuing mindless Certificates which do not comply with ICAI mandatory Guidance Note.

Due to ongoing conflict between two classes of CAs (one ignorant and one knowledgeable), related to issuance of non-compliant certificates under pressure of Bankers, Clients, Govt Authorities like GPCB, DIC, DGVCL, GST or any other; CAAS had represented to Govt and heavily objected such one pager certificates which do not have safeguard paragraphs thereby creating unlimited liability for the issuing members.

Not only that it becomes an epitome, an example for Bankers and Govt Authorities to arm twist other CAs into issuing mindless certificates, which infact affects our mindful members who exercise due care and caution, and at times clients go away to the mindless CAs, due to appeasement through easy one pager certificates. This is also one kind of Undercutting.

CAAS had given a cut-off date of 8th December 2025, after which if such certificates are issued without following mandatory Guidance Note on Certificates and Reports issued by ICAI, then the concerned CA shall face the music of disciplinary action.

Since last two days our Committee has come across so many instances of such certificates and we had been calling them out. *Many very senior CAs had apologized to us, requesting not to take action, which is a very non-welcome gesture*. Many have stated we didn't knew at all, though they were all present in these very groups, but simply skipped messages.

We had given them a moratorium to comply and to disown the non-compliant certificates "anyhow". If this do not disown and continue adamant positions, we shall be compelled to report it to Disciplinary Committee of ICAI.

So now those flinging messeges, read it and revise/disown all non-compliant certificates and do not compell CAAS to take action against you all. We won't do hesitate and won't do Ji-Ji.

*Your mindlessness kicks someone's livelihood. Mind it.*

#ICAI #Incometax #GST #Banking

@caas_org

[Abhishek Somani @caabhisomani]

@theprayagtiwari Absolutely shameful of the Delhi government.

[Abhishek Somani @caabhisomani]

@practice_guru And what exactly does CA’s in practice are going to do that can’t be done by those in jobs.

[Abhishek Somani @caabhisomani]

@GabbbarSingh Once upon a time his smallcase stocks got leaked on twitter, I have since taken extreme care to not touch those shares.

[Abhishek Somani @caabhisomani]

@suru27 The only troubling point is de growth of volumes, does it reflect a downtrend in the demand

[Abhishek Somani @caabhisomani]

@ActusDei @ActusDei - 90% Indians already have global allocation , don’t you think investing in gold is as good as having global exposure. Why to complicate things unnecessarily.

[Abhishek Somani @caabhisomani]

@CAHimankSingla @IncomeTaxIndia Are these the same donations where one gets cash refunds after 5% deductions.

[Abhishek Somani @caabhisomani]

@CAHimankSingla Modi is keeping Gold and Silver prices high to please his friend ,Trump. Don’t touch get it - US has 8000 tonne gold and once gold reached 10lakhs/tola, they will settle all of their 37 trillion Usd debt in a flash.
##Anti poor Sarkar

[Abhishek Somani @caabhisomani]

@R_N_Vaghani Ma'am kyun inta complicate kar rahe ho, jis country ki per capita income sirf 2.5 lakhs he waha par 15 lakhs ki CTC wala zero tax de raha he, ab ye mat puch lena ki kaise . Ab Aur kya jan loge kya Nirmala madam ki.

[Abhishek Somani @caabhisomani]

@thesneha_

[Abhishek Somani @caabhisomani]

@samisosa1234 Shown as assets and liabilities held for disposal - there is no such disclosure in the balance sheet.

- the depreciation is not booked once the entity is declared as held for sale but the impairment with market price is done - where is this disclosure?

[Abhishek Somani @caabhisomani]

@samisosa1234 How do you know that there is no CG issues in oriana. They have shown ~400 crs as investments in subsidiaries held for sale last 18 months.
- the results are not consolidated for these subs - don’t know if they have any profits/cash flow.
- the assets and liabilities must be