Chartered Accountant, Avid reader,
Director of Aurangabad District Central Cooperative Bank Ltd,
Member of various educational institutions and Trusts.
Has the Income-tax Act, 2025 changed the old presumptive taxation rule? If profit is below 6%, can even a ₹20 lakh trader face tax audit? This analysis examines Sections 58, 62 & 63 and why clarity from CBDT may be crucial. https://t.co/ZJGNSF5rqP
@HDFC_Bank@HDFCBank_Cares@RBI For the last 15 days, I have been visiting your Nirala Bazar Branch, Aurangabad for KYC completion of my 3 current accounts, but the issue is still pending. Each visit, staff ask for new documents and speak arrogantly. Request urgent resolution.
Vijay Kedia.
37 years.
₹35,000 to ₹1,200 crore.
Phase 1 — 10 years: ₹35,000 → ₹1 crore
Phase 2 — 13 years: ₹1 crore → ₹100 crore
Phase 3 — 14 years: ₹100 crore → ₹1,200+ crore
The real explosion happened in phase 3.
Not because he got smarter. Because compounding finally had enough base to work on.
First decade: grinding.
Second decade: building.
Third decade: the machine runs itself.
Most people quit in phase 1 expecting phase 3 results.
Telangana High Court has held that a medical college cannot withhold a doctor's original educational certificates to enforce a service bond executed at the time of admission.
Read more: https://t.co/D8jN99qWhA
Meet Bharat Shah👇
> Worked under Harshad Mehta
> Rs. 45,000 Crore fund manager
> Has read 10,000+ books
> 40 years of Investing wisdom
Save it for later 🔖
@ravibansal61@PMOIndia@FinMinIndia Dear @ravibansal61,
Please write to us with details of the case (along with PAN & your mobile number) at [email protected]
We'll have the matter escalated to the relevant team/ jurisdictional authorities for looking into your concern.
Pune ITAT deleted a ₹50 lakh penalty under Section 271D, ruling that a third-party statement and loose papers alone cannot prove receipt of a cash loan. Without corroborative evidence or cross-examination, penalty proceedings based on mere suspicion cannot survive. https://t.co/ppnYYUHQWr
The #IncomeTax Dept flagged 1.65 LAKH cases for scrutiny in AY 2026-27, i.e. 3 to 4x the usual volume. If you run a startup or SME, you're at higher risk than a salaried employee.
Here are 7 red flags that could land you a notice! 👇