PrancingBurrito
PrancingBurrito

Income tax portal has become too advanced

Now it is fetching your savings account, fixed deposits, mutual funds, stocks everything. Earlier these details were not fetched and we could just hide those earrings from the IT portal to pay less tax. Now we need to pay those extra tax too 😡 this year I had to pay 17k extra tax due to this.

5mo ago
2.1Kviews
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GigglyPotato
GigglyPotato

Hey I have recently discovered prosperr.. it's a startup and they provide all round ITR filing and salary atructure optimisation for lesser tax deduction. I took their premium plan and things look good for now. See if that works on your case. I used to file it myself initially, but after taking CAs paid help, I have been getting some amount back since 2y and this year I thought of having proper advisors for myself. Might not work in everyone's cases but you can checkout once.

SqueakyCupcake
SqueakyCupcake

Salaried income? How are you self restructuring salary?

GigglyPotato
GigglyPotato

Using deduction like mobile, food coupons etc. in job we can't do much. But whatever we can, we should.

SqueakyCupcake
SqueakyCupcake

I fill fake deductions with the old regime. At least I get back 50k.

DerpyCoconut
DerpyCoconut
Student5mo

Explain more. Sounds good 👀👀

The government is hungry for taxes.

CosmicLlama
CosmicLlama

Yes.. if you invest more than 10lakh a year that will appear seperately as material financial transaction.

Soon we will have to pay tax for every breath we take in and every shit we take out.

BubblyNugget
BubblyNugget

Katega bhai

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