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income tax

  1. Mynameisjoker99

    Has anyone received Income tax notice for money rotation through credit card?

    Have anyone receive IT notice for credit card money rotation? Repayments for more than 10L in F.y across all credit cards. PLS SHARE HOW YOU HAVE HANDLED THIS SITUATION. AS no income is involved in this whole process it's simply paying one cc bill from other cc.
  2. P

    Advise on which card to use for income tax payment

    Hello TFians, I need to make a payment of 30k on income tax, please advise which card from below would give me a cashback/reward. IDFC Select Axis Flipkart Axis Airtel ICICI Sapphiro ICICI Apay SBI SimplyClick BOB Premier Rupay BOB Snapdeal SBI Cashback HDFC Millennia ICICI Coral Rupay HDFC...
  3. 2

    Income Tax: New Regime vs Old Regime

    Which Income Tax Regime have you opted for in ITR? 1. Old Regime 2. New Regime 3. Don't Have Taxable Income 4. Prefer not to Disclose
  4. 2

    Income Tax Slab for FY 2025-26

    Hi Friends, Please share your Income Tax slab expectations (for individuals) and your suggestions from the 2025 budget (FY 2025-26). Given the reach of the TechnoFino community, our Finance minister and her team might implement some of your innovative suggestions. So, go on and share your...
  5. S

    Pay Home loan using cash without income tax notice

    I am paying home loan of 10 lakh via cash…. How can I prevent income tax notice… Which is the best bank home loan account which is not linked to PAN Card and allows cash deposit.
  6. Batmanbaba

    Query regarding income tax payment

    Suppose someone has to pay income tax of 7.5 lakhs... Via epay.... Do we have to pay 7.5 lakh in one transaction or can we do it in 2-3 transactions like... Some amount using netbanking and remaining amount using credit card....??
  7. Ankitkum230@

    Credit card income tax

    I spend 8 lac in this year on credit card One card with 4.5 lac,other with 2 lac ,other with 1lac and other with 1 lac and my salary is around 9 lac will I get a income tax notice I fill ITR every year I am salaried
  8. J

    Credit card for income tax payment of 20 lakh plus

    I am looking to make a payment for income tax payment of 23 lakhs for 2 family member ideally before 15 November. (Can delay if benefits ate worth it) Let me know which would be the best card for this purpose. Existing Cards: hdfc business regalia bob eterna axis select indus legend tiger max...
  9. J

    Ideal Credit card for income tax payment.

    Which is the best credit card to pay income tax of 4 to 6 lakh? I know this is a repeated question but with constant devaluation and changes in credit cards it’s difficult to keep track. I Don’t have any premium credit cards. I am unable to get biz black, infinia , yes reaerve/marque or any...
  10. Kilbisham

    Axis airtel application rejected because PAN details not found in Income Tax database

    Ran into a strange issue. First I get an email saying "rejected due to credit norms". After I ask for detailed response, I get the reply as mentioned in the title. Don't know what went wrong as I have many ITRs filed with the PAN and my cibil shows enquiry from Axis bank. Asked for completed...
  11. aam.aadmi

    Income Tax Sending Massive Demand Notices to Tax Payers Due To System Glitch

    A glitch in the Infosys managed CPC software has led to the consideration of partial/unrelated TDS amounts during the system based tax liability assessment, thereby resulted in taxpayers across the country receiving massive tax demand notices including penalties, despite the TDS being deposited...
  12. Ekavya

    Managing High Credit Card Transactions and Income Tax Notices

    I heard that people may receive income tax notices if they spend above a certain amount on their credit cards. I have a few credit cards (UPI-Rupay) that I primarily use for transferring money to a friend (in business) who frequently needs immediate funds. As a result, my credit card...
  13. J

    Best credit card for income tax payment

    Which is the best credit card to pay income tax of 4 lakh? We are a family of six members, so have multiple credit cards. Don’t have any premium credit cards. Won’t mind getting even cashback. Have the Following cards in family Indus Legend Indus eazydiner Indus tiger Indus rupay Hdfc Regalia...
  14. Channakya

    Income tax payments on rupay Upi Credit card.

    Hi , I have to pay Income tax , So , i have tried paying by Upi method from canara bank payment gateway . i have got the pop up on my mobile to pay the tax . I have paid through my Indusind Rupay CC and got declined . then amount got debited as it says it took to long to respond . Income tax...
  15. K

    ITR Filing - Unlisted Foreign ESOP cleartax

    I purchased Unlisted ESOPs(US company stocks) in May 2023 from my previous company. It is taxed based on Fair Market Value(FMV) at the time of exercise - Exercise Price, This is already shown as Income from Salary in Form 16. Do I need to report these under Scheduled FA (A3 - Foreign Equity...
  16. Raulnoob

    HDFC/ICICI Business Debit card (current ac) expenses lodged in Company Pan or Personal Pan?

    Hi Folks, My HDFC current a/c RM 👨‍💼 is telling me if I make any Purchases using HDFC Business debit card 💳 (current a/c), the expenses will be lodged in my Personal Pan instead of my Company Pan, whereas my ICICI RM is saying it will reflect only in my company Pan. I am confused, What is the...
  17. sahil1033

    [Query] Income Tax Payment - IDFC First Bank Wealth Credit/Debit Card

    I've both IDFC First Bank Wealth credit and debit card. On Wealth credit card, I've already crossed the threshold spend of Rs. 20k in current bill cycle. Will I get 10X reward points for income tax payment of around 92k ?? Since there's NIL charges on debit cards, will Wealth debit card give...
  18. H

    Govt Payments | Credit Cards Suggested and charges levied

    Hi All, I hold following cards and would like your suggestion for payment for making payments for ITR, advanced tax, property tax and NPS contribution - Amex Plat Travel Amex MRCC BOB eterna SC Ultimate Please suggest if you have any other card recommendation for these payments.
  19. @cardHeist

    Can we use multiple credit cards to pay on "Tax pay" [ITR portal]

    1) As the title says, I found tax dues pending while filing ITR. The dues are above my credit card limit for all cards individually; So is it possible to pay some amount by one CC and remaining by 2nd CC ? 2) I also saw that transaction charges of credit card on SBI payment gateway is showing...
  20. That_average_guy

    0 Gross salary is diplayed while filing ITR 2

    I am a salaried employee with some capital gains. When I started filing ITR 2 , I see that Salary in schedule salary is showing as 0. Ideally It should fetch original salary from form 16/AIS but It is not coming that way. Has anyone faced the same error?
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