Need help to manage taxes

[prash1161]

i never filled ITR before
this year i did transaction across 5 banks total of 50-70l , mostly it was like fd break ,create and sending money from my one bank to another.
and there were total of 4l cash deposit
earned 40k in stocks
lost 12k in fno
i have no job
so i have to pay taxes?
i do not know much,
your help will be appreciated.

 

[varun__goel_]

i never filled ITR before
this year i did transaction across 5 banks total of 50-70l , mostly it was like fd break ,create and sending money from my one bank to another.
and there were total of 4l cash deposit
earned 40k in stocks
lost 12k in fno
i have no job
so i have to pay taxes?
i do not know much,
your help will be appreciated.

50-70L is concerning, but it's rotation in your own acc so shouldn't be a problem.

It is only 40k, no need to file itr for such a small amount. But if you want you can do it. Tax will be 0

 

[prash1161]

50-70L is concerning, but it's rotation in your own acc so shouldn't be a problem.

It is only 40k, no need to file itr for such a small amount. But if you want you can do it. Tax will be 0

40l in my acc
10l crypto p2p

 

[varun__goel_]

40l in my acc
10l crypto p2p

No idea regarding crypto bro🙂

 

[prash1161]

No idea regarding crypto bro🙂

Nah nah
Just mere acc sa dusaro ko paisa bheja hai bas utna hi

 

[varun__goel_]

Nah nah
Just mere acc sa dusaro ko paisa bheja hai bas utna hi

Haan no problem agr koi income telated nhi hai. Only transfer hai to chill.

Kuch bhi income generate hui hai unse to report hoga

 

[prash1161]

Haan no problem agr koi income telated nhi hai. Only transfer hai to chill.

Kuch bhi income generate hui hai unse to report hoga

Ha waisa kuch nhi hai
40 stocks aur 4-6k tak intrest hoga

 

[VISHESH_BANSAL]

i never filled ITR before
this year i did transaction across 5 banks total of 50-70l , mostly it was like fd break ,create and sending money from my one bank to another.
and there were total of 4l cash deposit
earned 40k in stocks
lost 12k in fno
i have no job
so i have to pay taxes?
i do not know much,
your help will be appreciated.

FD Break Create Same Bank ke saath ?
Exceeding 10 laat ? 😂

 

[prash1161]

FD Break Create Same Bank ke saath ?
Exceeding 10 laat ? 😂

Starting m kuch 3-5l tha
So pura ki ek sath fd karwa deta tha
So agar 20k use krna hota tab pura break kro
Iss liye Aisa issue hua

 

[prash1161]

Papa aur kuch frnds ka paisa tha

 

[VISHESH_BANSAL]

Starting m kuch 3-5l tha
So pura ki ek sath fd karwa deta tha
So agar 20k use krna hota tab pura break kro
Iss liye Aisa issue hua

Toh kitnì baar Fresh FDs ki ?

Fresh FDs ka total 10 Lakh cross kar gaya same Bank ke saath in a FY to Report hoga AIS m😂

 

[prash1161]

Toh kitnì baar Fresh FDs ki ?

Fresh FDs ka total 10 Lakh cross kar gaya same Bank ke saath in a FY to Report hoga AIS m😂

Yar so ab kya kru?

 

[Deleted member 9785]

Yar so ab kya kru?

be financially literate

 

[Riya]

i never filled ITR before
this year i did transaction across 5 banks total of 50-70l , mostly it was like fd break ,create and sending money from my one bank to another.
and there were total of 4l cash deposit
earned 40k in stocks
lost 12k in fno
i have no job
so i have to pay taxes?
i do not know much,
your help will be appreciated.

whoaaa.....
Never filed an ITR and had FDRs worth 50L.... you are either paying too much TDS on your FDs and eventually missing out on the refund.... or it's probably inherited money and you don't know money management....
taking things one at a time....
if you are rotating money within your accounts then it won't cost you a paisa in taxes....
secondly banks deduct TDS on FDs automatically so get your AIS from incometax website...
for STCG and FnO income your broker will provide you with a summary which you can fill in ITR...
still there are very much chances that you'll mess the ITR so get a CA and pay small amount providing him all the above details... not a big deal

 

[prash1161]

whoaaa.....
Never filed an ITR and had FDRs worth 50L.... you are either paying too much TDS on your FDs and eventually missing out on the refund.... or it's probably inherited money and you don't know money management....
taking things one at a time....
if you are rotating money within your accounts then it won't cost you a paisa in taxes....
secondly banks deduct TDS on FDs automatically so get your AIS from incometax website...
for STCG and FnO income your broker will provide you with a summary which you can fill in ITR...
still there are very much chances that you'll mess the ITR so get a CA and pay small amount providing him all the above details... not a big deal

Bro fd was like
I make one fd 5l
I break in a week

Then again create like 2l,2l,1l

 

[prash1161]

whoaaa.....
Never filed an ITR and had FDRs worth 50L.... you are either paying too much TDS on your FDs and eventually missing out on the refund.... or it's probably inherited money and you don't know money management....
taking things one at a time....
if you are rotating money within your accounts then it won't cost you a paisa in taxes....
secondly banks deduct TDS on FDs automatically so get your AIS from incometax website...
for STCG and FnO income your broker will provide you with a summary which you can fill in ITR...
still there are very much chances that you'll mess the ITR so get a CA and pay small amount providing him all the above details... not a big deal

Total intrest I earned check ss

 

[VISHESH_BANSAL]

Yar so ab kya kru?

Nothing Chill.
Better Open FD with Indie, jisko tum uselss smjhte ho😂

You can withdraw any time any amount without breaking whole FD

 

[Riya]

Bro fd was like
I make one fd 5l
I break in a week

Then again create like 2l,2l,1l

still no problem...
FD is bank's problem... they'll deduct TDS and credit it against your name in your Annual Income Statement....
Both, overall interest and TDS deducted will be shown in 26AS along with each and every account from which it was deducted and date.....

 

[prash1161]

Nothing Chill.
Better Open FD with Indie, jisko tum uselss smjhte ho😂

You can withdraw any time any amount without breaking whole FD

Mobi xtra mai dal diya xtra money
Ab paise thoda trading ke liye rakha hai and to maintain mab

 

[Riya]

Total intrest I earned check ss

ye screenshot kaha se mila?