CA Darshit Rathod

Self Motivated CA | KEEN OBSERVER | Audit | Tax | GST | Investing

[CA Darshit Rathod @darshit_rathod7]

Fuel price hikes don’t affect only vehicle owners. They increase transport cost across the entire supply chain which ultimately raises prices of groceries, vegetables, FMCG, construction material and almost everything else
Fuel inflation=overall inflation.
@TimesNow @TNNavbharat

[CA Darshit Rathod @darshit_rathod7]

People saying “Petrol ₹4-5 hi toh badha hai, itna hoo-halla kyu” really don’t understand economics.

[CA Darshit Rathod @darshit_rathod7]

Hey @WestsideStores, what’s going on? 🤔
4-5 days of calling your online dept, 20+ mins on hold each time — zero response.
Order via app: not shipped, not delivered… and today you just CANCEL it without asking me? This is beyond poor service.
#CustomerServiceFail

[CA Darshit Rathod @darshit_rathod7]

Feels unfair how taxpayers face strict deadlines, interest & penalties for delay — but no accountability when appeals lie pending for years. Time limits apply to citizens, not the system?

@IncomeTaxIndia @CAclubindia #AccountabilityMatters

[CA Darshit Rathod @darshit_rathod7]

Income Tax department should come up with a challan correction facility wherein you can amend or rectify some details (such as AY correction) in challan paid before it gets utilized.

What say!

@IncomeTaxIndia @FinMinIndia @taxguru_in @taxmannindia

[CA Darshit Rathod @darshit_rathod7]

Not only this, many professionals might have come across situations where registration is denied without any proper explanation or any reason.

@cgstcuspunezone @GST_Council @abhishekrajaram @BimalGST

[CA Darshit Rathod @darshit_rathod7]

It has been 26 days since the application was submitted for GST reg., but no communication has yet been received from the department for any query or allotment of GSTN
Govt. wants to collect tax but at the same time don't want to process reg. application.
#Doglapaan @GST_Council

[CA Darshit Rathod @darshit_rathod7]

@rambajajgst @rambajajgst isiliye DRC 03A hai na jaha aap aapne kiya huva payment demand ke against adjust kar sakte ho demand ko nullify kar sakte ho

[CA Darshit Rathod @darshit_rathod7]

I don't get the logic of asking, property value of shop where business is being carried out, for GST registration purpose.

Getting GST Registration is more complex work than any other, I guess!

#GST #registration @BimalGST @abhishekrajaram

[CA Darshit Rathod @darshit_rathod7]

The road was recently constructed, but I guess they forgot to install drainage pipes at that time 😶🤦‍♂️

#taxpayermoney

[CA Bimal Jain @BimalGST]

GSTN issued very important Advisory on Time Limit for Reporting e-Invoice on the IRP Portal – Lowering of Threshold to AATO 10 Crores and Above

The GSTN issued Advisory No. 543 dated November 05, 2024 on Time Limit for Reporting e-Invoice on the IRP Portal – Lowering of Threshold to AATO 10 Crores and Above.

With reference to the earlier advisory dated 13th September 2023 (https://t.co/Il4Y66Pvnn), where a time limit of 30 days for reporting e-Invoices on IRP portals for taxpayers with an AATO of 100 crores and above was implemented, the threshold has now been lowered to cover taxpayers with an AATO of 10 crores and above.

Therefore, from 1st April 2025, taxpayers with an AATO of 10 crores and above would not be allowed to report e-Invoices older than 30 days from the date of reporting on IRP portals.

This restriction would apply to all document types (Invoices/Credit Notes/Debit Notes) for which an IRN is to be generated.

For example, if an invoice is dated 1st April 2025, it cannot be reported after 30th April 2025. The validation built into the invoice registration portals (IRP) would disallow the user from reporting the e-Invoice after the 30-day window. Hence, it is essential for taxpayers to ensure that they report the e-Invoice within the 30-day window provided by the new time limit.

It is further clarified that there would be no such reporting restriction on taxpayers with an AATO of less than 10 crores as of now.

To provide sufficient time for taxpayers to comply with this requirement, the above limit would come into effect from 1st April 2025 onwards.

The Advisory can be accessed at: https://t.co/KGzxTg1I1q

[CA Darshit Rathod @darshit_rathod7]

#incometax #incometaxreform #Investments

[CA Darshit Rathod @darshit_rathod7]

🚨 What's the point of a 7 lakh limit & rebate under Sec 87A if special rate income is taxed anyway? Many taxpayers earn under 7L, with a significant share from equity & IPOs. 📉

It's time for @theicai & tax bodies to urge CBDT to re-evaluate this and ensure fair treatment 💼

[CA Darshit Rathod @darshit_rathod7]

#IncomeTax #TaxReform #EquityInvestments

[CA Darshit Rathod @darshit_rathod7]

@abhishekrajaram Kindly DM Sir

[CA Darshit Rathod @darshit_rathod7]

The government talk about ease of doing business. But, here getting a GST registration is a big task.

Even after submitting all the proper documents department is rejecting the registration application without any valid reason.
@GST_Council @FinMinIndia @rambajajgst @BimalGST

[CA Darshit Rathod @darshit_rathod7]

No one is against celebration with office colleagues but it should be post office time and not during office timing.
This is how we are going to be efficient in work and transparent with peoples money?
@GST_Council @GST_Maharashtra
@InGSTPortal

[CA Darshit Rathod @darshit_rathod7]

GST Dept. should be renamed to "GST SOCIAL CLUB OF INDIA", because :
-Social gatherings on every small event ( Retirement hai - celebration, woman's day hai celebration)
-They have Saturday & sunday off.
-Holiday on all festival
-half day for celebration of festival in office

[CA Darshit Rathod @darshit_rathod7]

A - Attitude
The one who has devotion to accept Kaikeyi with generosity of heart...

M - Morals
The one who has attained with all goons (Morals), which makes him Maryada-Purushottam & is an ideal for todays generation.

2/2

#JaiShriRam #AyodhaRamMandir #PranPratishtha

[CA Darshit Rathod @darshit_rathod7]

SHRI RAM are arriving....

Let's know who was RAM?

The name itself describe who was he,

"RAM" a perfect combination of all personality a human being curves for:

R - Relation
The one who has power to maintain the relationship by sacrificing rights.

1/2