Back

Samanth Shetty

Building Nestsure • 23h

No not everyone aren't and I am happy that GST office is working on it. The GST notice have been issued to people who's having business with no proper documentation using UPI and connecting their savings account for their business transaction no ITR is filed, so am happy to see that it's getting hunted more should be hunted. Example : One of our known person, had a bakery with a business of 25-30k daily and he bought a car recently worth 27L with all cash, even with such a business he could have had current account + file ITR yearly right ? even if fake filling it adjusting in ITR that would be different case but atleast he could file it. So yea i am happy that these kind of people are hunted down ( even car showroom people were shocked even people who have Doesn't get in cash nowadays ), he got a GST notice for 21L 😂

Reply
1

More like this

Recommendations from Medial

Dinesh H

Let's work together • 1m

Filing GST is confusing, especially for freelancers and small business owners in India. Most tools are complex or expensive — making tax filing stressful instead of simple. 🚀 Just built my MVP! A tool that helps Indian freelancers file GSTR-1 easi

See More
Reply
3
Image Description
Image Description

Hiral Jain

Content writer • 1y

Hey there, everyone! Today, we're diving into some key aspects of Gst to lay the groundwork for our discussion on illegal businesses. This knowledge will be crucial for what's coming up next. Today we will be learning about input and output Gst, Inp

See More
14 Replies
14
Image Description
Image Description

Shyam kumar

Future billionaire �... • 16d

If someone needs only Rs. 50,000 funding to start his business, he can tell me, I will be happy and I will fully support his business from every side

7 Replies
5

calculus

Your Bottom Line Our... • 26d

🧾 The Tale of Mr. Sharma & the Deadline Drama ⏳ Once upon a time in June, Mr. Sharma—a diligent small business owner—was sipping his evening chai when he remembered something. 📅 “Income Tax Filing!” The deadline was nearing, and he hadn’t even ga

See More
Reply
3

Alan Santhosh

Do good deeds. • 1y

Hi Medial Folks, me and my friends run a consultancy firm where we provide a wide range of consultancy services at nominal costs. We provide services such as ESI & PF filings, GST & ITR filing, Business Proposal, Pitch Deck, Investor Presentation and

See More
Reply
6

Ashutosh Mishra

Chartered Accountant • 1y

When I posted the poll yesterday for GST, I thought 20-30 people at max would vote and will see accordingly. But 100 people have voted so far. By this I have felt that people know GST through headlines i.e tax collection, GST notices to different co

See More
Reply
6
Image Description
Image Description

Vamshi krishna Nayini

Hey I am on Medial • 6m

Plain popcorn: 5% GST. Salted popcorn: 12% GST. Caramel popcorn: 18% GST. This is the state of taxation in India! As a tech business owner, how can we thrive in an environment with such irrational policies? India is already ranked 1st worldwid

See More
4 Replies
5

CA Jasmeet Singh

In God We Trust, The... • 2m

Here are 5 subtle signs your startup may need a Startup Chikitsa diagnosis: 1. You’re making sales, but there’s no cash in the bank 💸 → Check your cash flow cycle – profit ≠ liquidity! 2. You’ve hired 4 people but still doing everything yourself

See More
Reply
4

Download the medial app to read full posts, comements and news.