A small practicing CA today seems trapped in a strange web.
With every new compliance, like Section 194T, the workload keeps increasing. But on the ground, MSME clients are already under pressure; many delay payments or pay very minimal fees. Expecting them to bear the cost of additional compliance is often unrealistic.
What’s striking is that whenever a new regulation comes in, there’s hardly any pushback from MSMEs or industry bodies. Instead, it’s the CAs who end up becoming activists, raising concerns, seeking relief, and engaging with the government.
It feels like a loop. A web where the small CA is stuck, unable to increase fees from clients, yet forced to handle growing responsibilities. With no support from the paying side, the only place left to seek relief is by pushing back against the system itself.
This matter should be widely discussed among all the fellow practicing CA’s
@IncomeTaxIndia Unable to check/download AIS. Have log in issues. Unable to do epayment of taxes either.Portal is completely slow the whole day.
#Extend_Due_Date_Immediately
@PratibhaGoyal@IncomeTaxIndia And there is also 10AB renewals for many trusts before Sep 30th. All those trusts who got permanent registration in AY 21-22 to renew now
It’s a problem of plenty for the exhibitors and that too single screens in particular. #GoodBadUgly and #Sachein rocking the box office this week. Gangers, Retro and Tourist family in the coming weeks. 👍🏻
@iskarthi_ US market itself was looking very weak. this is just a short term rally bcos of elections. Fundamentals dont look great. May be i m wrong. Anyways a correction is always good.
#Amaran rocking the box office with house full shows on Monday even in B and C centres. Content and emotions have clicked big time with the general audience.
Many clients have not received refunds. It’s been more than 30 to 50 days
Why Refund issuance is slow this year @IncomeTaxIndia
What is your experience? Have you received your income tax refund after filing ITRs?