CA Devansh Sharma (icai)

CA | Partner at Devansh Sharma & Co | Sharing is Caring | Motivation | Learning| Gratitude for Elders and Senior Citizens| |True Brahmin Genes | Indian Villager

[CA Devansh Sharma (icai) @spmdevansh]

Nowadays at every icai result date some CAs are in tension due to high pass percentage
Why they raising question the success of students?
They forget that once upon a time every ca was student

@abhishekrajaram sir I want your view on this.

[Ghar Ke Kalesh @gharkekalesh]

FirstCry Intellitots Preschool, Maharashtra: A toddler brutally assaulted another for ~10 mins with ZERO caretaker present.

Shocking negligence! How can parents trust schools that put money over child safety?

[CA Devansh Sharma (icai) @spmdevansh]

@akhilpachori 😂😂

[CA Devansh Sharma (icai) @spmdevansh]

Refund stuck? 😓
Most common reason: mismatch in AIS / Form 26AS
We fix it before filing.
DM “REFUND”

[CA Anupam Sharma @caanupam7]

FIR Against an Advocate for Filing a GST Appeal!

In a deeply disturbing case, an Advocate was arraigned as an accused in an FIR merely for filing a statutory GST appeal on behalf of his client and making the mandatory pre-deposit through the Electronic Credit Ledger based on a particular interpretation of law.

The allegation? That the Advocate had “conspired” with the assessee simply because he adopted a legal position while discharging his professional duty.

Coming down heavily on this alarming misuse of criminal law, the Allahabad High Court in Samarpan Jain vs State of U.P. quashed the FIR, chargesheet and cognizance order against the Advocate.

The Court made some profoundly important observations:

“If, for doing a professional act, like preferring an appeal, an Advocate is to be held in conspiracy with his client, it would be the end of the very existence of the Bar.”

The Court further observed that prosecuting lawyers for acts done in their professional capacity would strike at the very roots of the justice delivery system and the citizen’s invaluable right to legal assistance.

An Advocate may be right, wrong or even “utterly wrong” in his interpretation of law — but that can never, by itself, convert professional representation into a criminal conspiracy.

[CA Devansh Sharma (icai) @spmdevansh]

@jd_justdial is India's No-1 spammers.

[CA Devansh Sharma (icai) @spmdevansh]

@WinmanSoftware Resolved already by winman team. Thankyou

[CA Devansh Sharma (icai) @spmdevansh]

@WinmanSoftware renewal of CA-ERP is creating difficulty this time. In addition to Income tax portal they are ready to give headache . Winman support team is misleading this year.

[Declaration of Memes @LibertyCappy]

There's no one else like a toddler!

😂😂😂

[Sandeep Khasa @SamKhasa_]

ये कॉमेडियन जल्द ही गिरफ्तार होगा या फिर कुछ “कार्यकर्ता” इसके शो के स्टेज पर तोड़फोड़ करेंगे।

ऐसा दौर चल रहा है आजकल।

जब तक ये वीडियो हटाया नहीं जाता, तब तक इस सटायर का मज़ा ले लो।

[CA Devansh Sharma (icai) @spmdevansh]

Income Tax Department has released the utilities for ITR-1 and ITR-4 for AY 2026-27 today.

➡️ITR-1: For salaried individuals with income up to ₹50 lakh
➡️ITR-4: For freelancers and small businesses under presumptive

#itr
#incomereturns

[CA Devansh Sharma (icai) @spmdevansh]

Dear
@IncomeTaxIndia
please ensure processing of the ITRs filed vide acknowledgement number 955585870241225 and 169345250200625 at earliest.
@FinMinIndia
@nsitharaman

[Biswaranjan Pattnaik 🇮🇳 @iamPattnaik]

CPC has calculated interest under section 234B up to the date of processing of the ITR-U, as per the provisions of section 234B(1).

Section 234B(2) is applicable only when tax is paid under section 140A.

Although the legislature made certain consequential amendments to various sections at the time of introducing the updated return scheme, it failed to incorporate provisions similar to sub-section (2) of section 234B for the computation of interest payable under section 234B for an updated return under section 139(8A). As a result, in the case of updated returns, interest under section 234B is being calculated by the CPC of the Income-tax Department up to the date of processing of the return under sub-section (1), even though the full tax and interest have already been paid at the time of filing the updated return.

I highlighted this issue in an article published on https://t.co/ui6VEFsjbm [2024] 169 https://t.co/ui6VEFsjbm 646 (Article).

I have also sent multiple emails to officials of the income tax department to remove this unintended hardship. However, no positive action has been taken so far.

You may also note that similar anomaly also exists in the new Income-tax Act, 2025 for updated returns.

[CA Devansh Sharma (icai) @spmdevansh]

@iamPattnaik You owns good and updated knowledge. Great

[Abhishek Raja "Ram" @abhishekrajaram]

@spmdevansh This is my humble view

[Abhishek Raja "Ram" @abhishekrajaram]

My advice to a few people (any resemblance to anyone is purely coincidental):

1) Delink Twitter/X from your LinkedIn gyaan

2) Your every post is nothing more than declaring every step (Whether good or bad) as a masterstroke. Please concentrate on real-world work. CA Profession will give you more Revenue than Twitter Payouts.

3) Stop targeting Students. When we were their age, we might have been less mature than they are today.

4) Stop glamorising late sittings for work.

5) Stop announcing here that you have completed all work before the due date.

6) Stop running before Twitter Payouts. Life is beyond impressions and comments.

7) Stop personal attacks on Ministers or the Government. If you have political ambitions, then stick to politics. Don't play hide and seek. On one side: Either raise a voice for professionals or raise a voice for politics. You can't be like attacking the government in the name of Tax Simplification.

You can add other points too.

[CA Devansh Sharma (icai) @spmdevansh]

@abhishekrajaram I endorse this view is right

[CA Devansh Sharma (icai) @spmdevansh]

@carajendra89 Need one for due dates also

[CA Amrita Kaushik @CAamritakaushik]

Nifty 50: 2% down🔻
Smallcap: 3.4% down
Portfolio: Paatal lok 🚨