ITR processing delay. "Has your ITR been processed yet?"

[Wealth is my birth right!]

Yes ITR2 processed within a day

Hope it’s With refunds?

 

[BK7]

Hope it’s With refunds?

I hold no dues 😉

 

[desiviru]

I don't have a problem to pay tax and Chartered accountant saying income tax portal not asked to pay tax like that I think itr will reject?

Income upto 2.5L is not taxable (old regime) and 3L (new regime and from AY26-27 it will be 4L in new regime).

But Crypto income even if it is Rs.1 there is 30% Tax + 4% cess on that tax.

Income Tax won't call you to pay tax. In future they will check it and I know people who received tax demand notice after 10 years for meagre Rs.250 tax demand and with interest it increased to Rs.2960 also.

Choice is yours.

 

[FinCurious]

Income upto 2.5L is not taxable (old regime) and 3L (new regime and from AY26-27 it will be 4L in new regime).

But Crypto income even if it is Rs.1 there is 30% Tax + 4% cess on that tax.

Income Tax won't call you to pay tax. In future they will check it and I know people who received tax demand notice after 10 years for meagre Rs.250 tax demand and with interest it increased to Rs.2960 also.

Choice is yours.

No more applicable now. Tax department can not reopen old ITR beyond 3 years if amount of tax evasion is less then 50lk.

Where did you see person got demand of 250 rs after 10 years?

 

[Wealth is my birth right!]

No more applicable now. Tax department can not reopen old ITR beyond 3 years if amount of tax evasion is less then 50lk.

Where did you see person got demand of 250 rs after 10 years?

Satisfied with ur post
Can i get the circular on this

 

[FinCurious]

Satisfied with ur post
Can i get the circular on this

I am sure it would be there on google.

 

[IKFLRT]

iss janam m ho jayega kya?

 

[panu24]

iss janam m ho jayega kya?

View attachment 109116

Which ITR is this? with refund or without? new regime or old regime?

 

[IKFLRT]

Which ITR is this? with refund or without? new regime or old regime?

ITR1, old regime with 87K refund