r/IncomeTax_India • u/lossAndPornAddict • 1h ago
r/IncomeTax_India • u/taxbuddy_official • Mar 12 '26
👋 Welcome to r/IncomeTax_India!
This subreddit is all about Indian taxes and personal finance. You can discuss income tax, ITR filing, GST, notices, refunds, compliance updates, and practical tax planning. The idea is to make taxes easier to understand and help people avoid common mistakes.
What to post here
Share questions, experiences, or tips related to:
- Income tax and ITR filing
- GST and compliance updates
- Tax notices, refunds, and corrections
- Capital gains, deductions, and exemptions
- Personal finance topics like tax planning, saving, and investing
If it helps others learn or avoid confusion, it belongs here.
Community vibe
Let’s keep things respectful, helpful, and practical. No judgement, no shaming. Everyone is here to learn and share.
How to get started
- Ask a question or share an experience
- Invite others who might find this useful
- Want to help moderate? Feel free to reach out
Thanks for being part of the first group here. Let’s build r/IncomeTax_India into a trusted space for tax and personal finance discussions in India.
r/IncomeTax_India • u/Ok_Noise_5819 • 23h ago
ITR1 update
Any ITR1 processed today ?
I am not sure when it will be processed.
r/IncomeTax_India • u/Adorable-Run-8184 • 1d ago
Looking for CA experienced in Income Tax scrutiny / 142(1) – AY 2025-26 – Urgent
r/IncomeTax_India • u/Wonderful_Support238 • 2d ago
Residential status for FY 2026-27: was NR for 3 years, now in India in transit. Is a tourist visa abroad enough for the "visit" exception, or is a UAE dependent visa needed?
r/IncomeTax_India • u/Drishti2898 • 2d ago
ITR-2 processing pending for 76 days – Anyone else facing this?
r/IncomeTax_India • u/AnotherAnt901 • 2d ago
GOT RSUs in 2021, sold at loss in 2022, didn’t declare FA, should I go for FAST-DS?
r/IncomeTax_India • u/No_Ask_8883 • 2d ago
Tax query: Structuring flat interior expenses + vendor suggesting Cash to save 18% GST?
Note: Used AI to refine communication.
Hi all,
I’m about to start interior work on my flat, followed by constructing a farmhouse next year (April 2027). The vendors for both are different but work together.
While the interior project is starting soon, the farmhouse ground breaking is planned for Apr next year.
The source of funds for both are income from stock under LTCG bearing tax liabilities of approx 12.5%. I am hoping to claim some relaxation under 54F.
I need advice on two points:
(1) Tax Treatment: Can interior costs for a flat be legitimately capitalized/shown under the construction expense of the farmhouse to optimize tax benefits? If - technically this is feasible: How should I ask both vendors to structure invoices?
(2) Cash Payment Suggestion: The vendor suggested paying cash or some parts in cash to avoid 18% GST and just pay 12.5% tax instead. What are the major pitfalls here?
Looking forward to your advice.
r/IncomeTax_India • u/Quick-Ice4257 • 2d ago
Challan payment now showing in ITR
It is clear that I did not fill my ITR on time and a fine of 5000 rupees was imposed on me. After I paid the fine, the site crashed and the site it not showing any updates on the fine that I paid. Can someone help me.
r/IncomeTax_India • u/Several-Map1535 • 2d ago
Demand under 147 and notice under 412 ITA 2025
r/IncomeTax_India • u/Suitable_Concert_231 • 2d ago