CA Raja Shaw

Proud Indian

[CA Raja Shaw @carajashaw]

India has E85 😂

[CA Chirag Chauhan @CAChirag]

USA has Claude
USA has ChatGPT
USA has Gemini
USA has Grok

China has Qwen
China has DeepSeek
China has Kimi
China has MiniMax

India has?

[CA Raja Shaw @carajashaw]

🇨🇳 China's challenge is global competition.
and
🇮🇳 While India's challenge is ensuring the same transaction complies with ten different laws and twenty different forms..

What do you think?

#satire

[CA Raja Shaw @carajashaw]

Do you remember when you joined X? I do! #MyXAnniversary

[CA Raja Shaw @carajashaw]

UNDERSTAND AGRICULTURAL INCOME AS PER INCOME TAX ACT 2025

#IncomeTax2025 #AgriculturalIncome

[CA Raja Shaw @carajashaw]

You must watch this video, if you already watched the recent video of @dhruv_rathee the so called leftist.
Hyper Quest -
https://t.co/pK41QFAf5C

[CA Raja Shaw @carajashaw]

⬇️Check out the Summary Income Tax Act 2025

[CA Raja Shaw @carajashaw]

🔔 ICAI | ASB Announcement — Effective Today

GN on Financial Statements of Non-Corporate Entities & LLPs now enter Phase II applicability.

ASB of ICAI, vide its announcement dt 31st Mar, 26, has confirmed the phased rollout of two significant GN issued back in Aug, 23.

#ICAI

[CA Raja Shaw @carajashaw]

😨 12 Financial Transactions already reported to Income Tax Dept (SFT)

You may not report them…
But your bank already did.

If your ITR doesn't match AIS data, you may get:
• Notice
• Compliance check
• Source of fund query

#ITD #IncomeTax #x

[CA Raja Shaw @carajashaw]

📌 Important Update

Key changes have been notified in the PAN application process effective 01 April 2026. Applicants and professionals should take note of the revised requirements to avoid processing delays and compliance issues.

#PAN

[CA Raja Shaw @carajashaw]

Wishing you a शुभ 𝗛𝗶𝗻𝗱𝘂 𝗡𝗮𝘃 𝗩𝗮𝗿𝘀𝗵 and 𝗖𝗵𝗮𝗶𝘁𝗿𝗮 𝗡𝗮𝘃𝗿𝗮𝘁𝗿𝗶 🙏

On this auspicious occasion of the Hindu New Year and the beginning of Chaitra Navratri, may Maa Durga bless everyone with strength, wisdom, prosperity, and success.

#DurgaPuja

[CA Raja Shaw @carajashaw]

Check https://t.co/XbnAycxn2K

[CA Raja Shaw @carajashaw]

ICAI Update 📘

ICAI has released the Handbook on Key Compliances & Exemptions for Private Limited Companies under the Companies Act, 13 (Feb 2026 Edition).

With 96.31% of active Cos being Pvt Ltd, this is a must-read practical guide.

#ICAI #CARajaShaw

https://t.co/u4QceARELr

[CA Raja Shaw @carajashaw]

The black Panther of Indian Men Cricket Team @BCCI @akshar2026

Incredible contribution by him in every ICC tournament. ❤️🎉

[CA Raja Shaw @carajashaw]

🌸 𝗪𝗶𝘀𝗵𝗶𝗻𝗴 𝗬𝗼𝘂 𝗮 𝗝𝗼𝘆𝗳𝘂𝗹 𝗮𝗻𝗱 𝗣𝗿𝗼𝘀𝗽𝗲𝗿𝗼𝘂𝘀 𝗛𝗼𝗹𝗶 🌸

On the vibrant occasion of Holi,
May your life be filled with: Success, Opportunities as colorful as the gulal, Happiness, Prosperity.

#Holi2026

[CA Raja Shaw @carajashaw]

🚨 High-Value Transactions Now Under Tax Radar (Draft IT Rules 2026)

If implemented, the following may be reported to the Income Tax Dept 👇
💰 Cash deposits (₹10L+)
🏦 FD investments (₹10L+)
💳 CC spends (₹10L+)
🏠 Property deals (₹45L+) & More

#IncomeTax #TaxCompliance

[CA Raja Shaw @carajashaw]

The Wealth Blueprint to Financial Freedom 💰

Wealth isn’t built overnight - it’s built by systems:
• Control cash flow (50-30-20 rule)
• Avoid lifestyle inflation
• Invest via direct funds+step up SIPs
• Build 25× annual expense corpus (FIRE)
• Let compounding do the magic

[CA Raja Shaw @carajashaw]

𝗜𝗗𝗙𝗖 𝗙𝗶𝗿𝘀𝘁 𝗕𝗮𝗻𝗸 𝗙𝗹𝗮𝗴𝘀 ₹𝟱𝟵𝟬+ 𝗖𝗿 𝗙𝗿𝗮𝘂𝗱 𝗮𝘁 𝗖𝗵𝗮𝗻𝗱𝗶𝗴𝗮𝗿𝗵 𝗕𝗿.

A recent disclosure highlights a ~₹590 cr discrepancy linked to specific govt-linked a/cs at a Chandigarh branch. The matter is under reconciliation, with internal action initiated

[CA Raja Shaw @carajashaw]

⚖️ Major Legal Face-Off at Delhi High Court

The Bar Council of India (BCI) has challenged the right of CA & other professionals to appear before tribunals such as ITAT, GSTAT, and NCLT. The matter is currently before the Delhi HC, with the next hearing scheduled for 16 Mar, 26.

[CA Raja Shaw @carajashaw]

HRA Compliance Tightens: Draft Form 124 Proposes Mandatory Disclosure of Relationship with Landlord

#incomeTax2025

[CA Raja Shaw @carajashaw]

💡
Most borrowers overpay interest without realising it. A tweaks to save ₹30–40 lakh over time:

• Choose shorter time where possible
• Stepup EMI as income grows
• Keep EMI within 25–30% of income
• Maintain 750+ CIBIL for better rates
• Do 1 extra EMI prepayment yearly