ITR Filing: 'Trading profit is ₹21,000, but taxable gain ₹1 lakh - How’s this Possible?' Reddit post sparks debate

6 months ago 11

In a viral Reddit post, a user claimed his taxable gain was five times his actual profit. The huge gap between what he truly earned and the profit the tax department will consider to calculate income tax left him stunned. Could this really happen? Here’s the explanation.

Read Entire Article

LEFT SIDEBAR AD

ITR Filing: 'Trading profit is ₹21,000, but taxable gain ₹1 lakh - How’s this Possible?' Reddit post sparks debate

Related

Gold loans: Turning the rainy-day asset into a liquidity too...

Deepak Shenoy flags fake I-T assessment orders — Here's how ...

Multi-asset FoFs are multiplying. Do investors really need t...

RIGHT SIDEBAR TOP AD

Trending

Popular

CBSE Class 10, 12 Supplementary Results 2024: Marks verifica...

NEET PG admit card 2024: NBEMS to release hall tickets today...

TSPSC Group 1 Mains exam schedule announced, exam timings re...

Amazon Great Freedom Festival Sale 2024 coming soon: Get rea...

iPhone 15, iPhone 15 Plus get massive discounts ahead of iPh...

RIGHT SIDEBAR BOTTOM AD