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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. K

    Upcoming major expenses - which card should I put them on?

    I'm going to have to purchase a lot of stuff for a new place I'll be moving into. Plus, some other expenses also. What I'm looking for in this thread? Advice for extracting maximum value out of these spends Which card to use first or use partially? --- Expenses later in the year (not house...
  3. I

    Tax On IPO ALLOTMENT

    I am know that if I got IPO Allotment and sell ipo shares within one year then I need to pay short term gain tax. But here is twist I applied ipo with different pan and difference demat account of my family and friends circle and all ipo mandent amount block and deduct from my bank account...
  4. 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...
  5. 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
  6. A

    Need Advice: Refund from Hotel and Tax Implications

    TL;DR: During my trip to Malaysia, a hotel overcharged me 50 MYR (~1000 INR) for a lost room key when the card mentioned only 20 MYR. Despite multiple discussions, the manager later agreed to refund 30 MYR but insisted on needing my bank details for the refund. I’m concerned about tax...
  7. 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...
  8. H

    how much salary should i take to get best cards at least tax?

    i have option to work in my cousin's company for 6 months. i want to know what is the highest amount of salary i can get without paying taxes?? since i join in jan, can i take 1.7L as monthly salary until june and still stay under that 7L tax free limit after deduction since it is two financial...
  9. Vrushank

    Guidance Required On Tax

    Dear Technofino members, I have a question regarding taxes on shares and mutual funds. If my friend buys shares and later sells them at a profit, how much tax will he need to pay on the gain? Also, can he claim a loss if he sells the shares at a loss? For context, my friend is a NIL taxpayer...
  10. 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.
  11. M

    ICICI amazon pay credit card : No CB on property tax

    i just paid Surat municipal property tax bill worth rupees 3000 and 12000 using icici amazon pay credit card. but got 0. isn't it eligible for 1% CB?
  12. KGSIPO

    Time to pay Advance tax payment Dec 15

    Hi Time to pay adavnce tax by Dec 15. I have to pay nearly 2 lakhs and which debit / credit cards will be more benficial. If i pay by credit card or debit card, is there any extra charges.
  13. ENIAC

    my best choice for tax payment should be .....

    Hi guys, Need some suggestions, i have the following cards, please suggest which card to use for tax payment of 3L+ in this month 1. HDFC Infinia 2. HDFC Tata Neu 3. HDFC Swiggy (Wife) 4. Axis Atlas 5. SBI CB 6. SBI Simply click (Wife) 7. RBL Icon 8. Kotak White 9. ICICI APAY 10. ICICI...
  14. 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....??
  15. M

    Help Needed: Surat Municipal Property Tax Payment Options

    I need to pay my Surat Municipal Corporation (SMC) property tax bill, but I couldn’t find the option on Google Pay or Amazon Pay. Does anyone know if it’s available on any other platform or how else I can pay online?
  16. fradela

    Maximize Tax Benefits with NPS

    For those who haven’t opened an NPS account yet, I highly recommend doing so and investing the maximum amount of ₹50,000. If you fall under the 30% tax slab, you can save ₹15,000 in taxes. Effectively, you’re only spending ₹35,000, and the ₹15,000 is like a bonus! It’s a great way to save on...
  17. Eye of Ajay

    PSA: Points for Good E-Voucher "Section 80G tax exemption"

    Dear All, I’d like to bring to your attention a critical clarification regarding the Points for Good E-Voucher and its implications for tax exemptions under Section 80G. After consulting with a Chartered Accountant, it has been confirmed that purchases made using reward points (such as Points...
  18. 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
  19. itsud

    Unfair Credit Card Charge: HDFC Payment Gateway and IDFC Bank (Income Tax Payment)

    I recently made a large online payment of ₹10 lakh towards Advance Tax on the Income Tax website through my IDFC Vistara Credit Card using the HDFC Payment Gateway. The issue: The OTP I received was for exactly ₹10 lakh. However, a few days later, I discovered an additional charge of ₹9,441...
  20. 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...
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