WigglyRaccoon
WigglyRaccoon
Student

will I get itr refund?

my new company is asking for investment proofs for tax now only, I'm yet to invest in elss. If I don't provide the proofs I'll be paying more tax but I invest in elss in between Jan to Mar, I can show this while filing and claim a refund right? please help here.

11mo ago
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SnoozyWaffle
SnoozyWaffle

why don't you start investing from April? Any reason to invest only in jan to march ?

WigglyRaccoon
WigglyRaccoon
Student11mo

Cuz financial year ends in March? Shouldn't all investments for that year be made till March?

SnoozyWaffle
SnoozyWaffle

you can. Any specific reason to do in jan-March?

Any benefits doing in such way ? Just to learn about that

JumpyHamster
JumpyHamster

Yeah, but I will say if your are thinking of ELSS do a SIP.

Makes you disciplined and consistent investor, will help in long term and you don't have to worry of these things too.

SleepyTaco
SleepyTaco

Agree, don’t do ELSS only for tax saving purposes, it is a good investment avenue to do an SIP

WigglyRaccoon
WigglyRaccoon
Student11mo

Agree

SwirlyTaco
SwirlyTaco
PayTM11mo

Yes buddy

ZippyDonut
ZippyDonut
Juspay11mo

Yes.

WobblyDumpling
WobblyDumpling
Amazon11mo

Or else what you can do is change your regime to new regime during ITR filing. It will give you refund of the excess TDS collected by your company

WigglyRaccoon
WigglyRaccoon
Student11mo

Not an option since I already have enough investment proofs to reduce tax considerably using the old regime

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