Bro, sleep. Stop having Biriyani after midnight!

Software Engineer

Shh modiji and nirmala do the night rounds here.

Founder

Innocently we write about our wrong claims in ITR on grapevine thinking it is anonymous   Of course it is and so could be IT sleuths or finance ministry officials  noting all tactics to bust later  🥲

Welcome to Personal Finance's Private Community

Innocently we write about our wrong claims in ITR on grapevine thinking it is anonymous 

Of course it is and so could be IT sleuths or finance ministry officials - noting all tactics to bust later

🥲

3AM thoughts

Consultant

3AM thoughts- Grapevine

Got an email from payroll team that Income Tax dept. has flagged some employees ITR of our org. Seems false claims and deductions. 
Giving one time opportunity to rectify and re file ITR of last 3 years to avoid further action! 

Has this happened to you too or its just me? 
Suggestions? 🥺

Income Tax dept. notified my employer about false claims

Founder’s office

Welcome to Software Engineers's Private Community

Do not fall for people promising fake refunds while filling ITR. Engaging with them can land you in big trouble, leading to potential income tax notices and legal complications. Stay vigilant and protect yourself from fraud.

Regards 
CA Biswajit

⭐Attention Grapevine Users:

Chartered accountant 

Welcome to Confessions's Private Community

I was into a founder’s office. Working closely with the leadership team of a funded Agri-tech startup (Which shall strictly remain anon in this post)

Does it happen to others the same way as it did to me?

I was one of the first FOs in the org and I was trying to figure what is up with this startup.

About 21 days in to company, I was helping a co-founder with a report that has to go out to investors.

I open up the metrics dashboard to enter numbers when he said “he knew the figures by heart”, so we began entering metrics like GMV and others. These were 5x of my range.

I said we should just double check ? He said there are factors in the formula that I have not considered at all and I finish the report as per the numbers he gave me.

Confused, I later dared to ask the lead PM how are we computing GMV. And told him about my dilemma to tell the founder we need to just double check his calculations.
Bless my naiveté.

He had a nervous smile and told me we report numbers that keep the startup exciting and afloat. We will catch up very soon with them.

The next morning, the founder also took me for a meeting and explained how doing this is important for everyone in the company to succeed.

I was very scared but lived in an autopilot of nervousness for 6 months. Part-took in it while being scared of going to prison myself.

I felt a terrible dread in my stomach in every interaction with with the admin and CA teams since in my first interaction I came across what I sensed to be a big fake bill. Was I blind to miss everyone in the office get a new chair the last month?

I never asked doubts on the money numbers the CA team gave me. But had reasons to doubt it basis other business data I had access to.

Everyone seemed to be on the same kind of auto pilot, good people who had never done anything wrong before this as far as I knew. Everyone considered leaving the culture and toxicity every week. 

The day I left, I had the email of the investors of the company since I’d emailed them countless decks and reports. I really wanted to drop an anonymous email revealing what I knew to them but I was afraid of the following repercussions to my career and I let the matter go.

Reporting fake GMV and more

Investment Associate

Welcome to Office Gossip's Private Community

What does stealth mean in grapevine

Welcome to Indian Startups's Private Community

In Bangalore Covid cases has started to spike again, please wear mask everyone. Yesterday one person age 62,  passed away due to Covid. 

A leading well known MSME book keeping and Peak XV surged backed startup, has active COVID cases in the office and they are doing nothing about it. I asked the HR and the person was clueless. The positive person themself is informing everyone to be cautious. Health of employees is a joke here. Basic courtesy of informing employees is severely missing. Also not sure what Office Admin/HR leaders plan for our safety. These people will have no impact of their health and their families. I’m expected to come to the office though my work doesn’t require to come to office. I was okay with this. But after hearing Covid cases I have started to feel panicking. 

Also I have isolated myself from my fam and elderly parents. 

In Q4 the organization said it would be transparent. This is how it is planning to do that? Our health doesn't matter? :/

Only making things public, makes them take action. Is this what I have to do every time I need them to meet basic expectations?

If any other company facing this problem? How are you dealing this? Please share ideas to isolate or precautionary measures 🙏

Bangalore people covid is spiking, found cases at my office

Analyst

I want to know of any anon group where I can read about people's experiences at law firms. Know of any such place? 😂😂

Law firm gossip

Welcome to News Discussion's Private Community

Should founders face criminal consequence?

GoMechanic

Imagine a day when grapevine collabs with companies and provides them the access of user’s posts, comments etc.
Since grapevine has our corporate emails, company can trace us.

Thrilling vibes!!!

Can grapevine cheat?

I see many of my colleagues consulting CAs for ITR filing and getting huge returns. What I gathered from their filings were bogus Health Insurance claims, fake HRA claims etc being utilised for showcasing huge deductions. These filings were done along with ITR 2 to somehow bring down the income.

Can anyone shed light on this practice? Are these legitimate CAs ? Is this not illegal? Don't they get caught ?

Note: This post is not to undermine CAs, but to understand how few CAs are doing this ? And is there really a way to decrease your taxable income, without having legitimate investments in the first place.

CAs and Tax Evasion

Test engineer

IT department sending moonlight notices apparently 

https://twitter.com/ravisutanjani/status/1689301324158930945?s=46&t=-Y8gJsKWsnMPnWZzk9ilMQ

Careful if you’re a moonlighter

Product Head

Just want to get inputs from those who freelance along with being salaried. I am wondering how people do ITR filing when they’re directly receiving payment from their clients abroad (inward remittance) on their own name (no company created for offering ur service) as well as have their monthly salary ? As much as I’ve read you would be filing ITR-4 but then wouldn’t this reveal to ur current or next employer that u worked 2 places?
Really curious to know as it’s ITR filing time.

Wouldn’t ITR be a mess for salaried employee who also freelances?

The camp in my opinion is not what it claims to be. People who are doing well in the camp are the ones who took matters in their own hand and started learning on their own.

Pros:

1. Practice sets were given often(There were 27 practice sets of all topics) which helped us form the practice for writing code for hooks without wasting time in thinking about the approach.

2. Community is good. MA’s are very helpful and will guide you in every situation. Taking the time out of their busy schedule. Very thankful to them.

3. Machine coding rounds were conducted. Which helped us speed up the process. 

4. Revision sessions were conducted for people who couldn’t understand the lecture taken by Tanay. These sessions were taken by Akanksha.

Cons:

1. Redux was removed from course even though it is mentioned on the website. They say that redux is not important but it is, companies ideally want their candidates to know redux.

2. Tanay simply skims through a topic, does not go in depth inside any topic. An advice which he ironically gives in his youtube videos. He ignores any advanced questions asked in the session claiming he has not covered yet. Says he will teach later and does not cover that topic later.

3. We were forbidden to discuss anything that isn’t taught yet.Stopping the flow of knowledge. That means you can’t even use the community to discuss something new because they haven’t taught it yet.

4. MA’s(Ex-neoGrads) were discouraged from answering questions about topics that weren’t taught yet. They used to host sessions on hard topics that people didn’t understand in voice chats but were discouraged to do so.

5. Didn’t even cover the dependency array in useEffect hook. He just said you will keep it empty 90% of the time. useMemo and useCallback were not even mentioned. Forget about code optimizations. Honestly, you will learn more in a 30min youtube video than in their class.

Continued in comments......

Reality of neoG bootcamp

If any one has query while filing ITR, do let me know

Business analyst

I guess similar to blind everyone posting here should mention there year of experienc and TC  and only then others should reply

Grapevine tax

Conduced suspecting potential tax evasion

IT raid at Meghana Biryani Koramangala and Indiranagar

Product Owner

Bharatpe saga continues

Software Developer

Till 1947 Indians were made to lick the boots of the British Raj. The overlords. The 'saviors' of an inferior race. The fear mongers.  

That fear has got coded in our DNA. It hasn't changed much.

Biggest indicator of that

NCCS A workforce belonging to the younger millennial and gen z generation fearing to name wrong doers in an ANONYMOUS app!

We are not very different from our parents and grandparents who had lesser choices to revolt and stand up against unfairness.

Sad.

Fear rules...even on grapevine.

Project manager

Welcome to IT Company Discussion's Private Community

When I was in 7th semester i joined as early-stage IIID startup, they said they will hire me as a full-time employee after the 5 month, after the 5 month I am asking for my full time, they said at this stage we can afford a full time employee we will surely hire you after the 3 month, and now 3 month completed and I am asking for my full time they said we will releases your full time offer letter you can join as a full time after your clg, after some arguments i said okay bcz i have just 2 month left in my btech so I said send me the offer letter and they was like ya just sending tomorrow, sending..and sending I asked the offer letter 4-5 times and he did not send said just sending stuck into the problem, now what I do I am just thinking i can definitely crack another offer letter in 1 month , but i have to start from scratch as a intern thats the problem, but I am thinking I will delete all the database all the code and everything which I can bcz I have admin access of everything cloud , GitHub so i am gonna to do it in next 2 days but I am stuck into that by what I am getting nothing but fir bhi Krna toh padega vrna yad kese rkhega ..........

3AM thoughts

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