After GoMechanic, now Mojocare is said to cook its books. Is this a trend? and which other companies are showing similar signs?
At GoMechanic, it was finance head who hiding the real cash position with debt. Unfortunate.
The problem is Indian taxation system. The more are the taxes, the more will people try to cheat. All companies do that. Nothing new. The whole breed of CA is existing on tax evasion community
You’re cooking up arguments like they cooked their books. 🤦🏻♂️
What are you even saying? This had nothing to do with taxation. They were not even making money, so taxes are not even in the picture, they were actually inflating their sales.
