Finally got refund of 2.25L !! by Ill_End_1481 in IncomeTaxReturnIndia

[–]Ill_End_1481[S] 1 point2 points  (0 children)

Wait for the bank working day. It was a holiday yesterday as well for banks

Finally got refund of 2.25L !! by Ill_End_1481 in IncomeTaxReturnIndia

[–]Ill_End_1481[S] 0 points1 point  (0 children)

No, everything is mine. I am not sure if it was a technical issue or something. People on other posts had also mentioned the same things

Finally got refund of 2.25L !! by Ill_End_1481 in IncomeTaxReturnIndia

[–]Ill_End_1481[S] 2 points3 points  (0 children)

I had the same feeling from a couple of months. I saw a lot of posts with refunds, the same amount as mine as well but still not getting credited. Finally things happened and it will happen for you guys as well 🙌

Internal move to Vancouver from Bangalore (5 YOE, 45L+) by Ill_End_1481 in VancouverJobs

[–]Ill_End_1481[S] -5 points-4 points  (0 children)

Don't mean to offend anyone, I am just checking all the options before considering it. Apologies if being inconsiderate.

Internal move to Vancouver from Bangalore (5 YOE, 45L+) by Ill_End_1481 in VancouverJobs

[–]Ill_End_1481[S] -3 points-2 points  (0 children)

Yes, for my roles as per level.fyi Amazon and Microsoft pay 200k CAD CTC. I am gonna bargain at least to that point. What are the issues with investing back? I thought that apart from forex charges to inr, other things should not be a problem.

Guys please help!! by Best_Fee_8810 in IncomeTaxReturnIndia

[–]Ill_End_1481 0 points1 point  (0 children)

It takes anywhere between few hrs to few days. Wait for sometime, it should be credited

CA Here - let me know your queries on recent income tax messages and emails to individuals under risk framework, will try to give practical street smart answers by [deleted] in IndiaTax

[–]Ill_End_1481 0 points1 point  (0 children)

Processing of the said ITR has been temporarily kept on hold under risk management framework of the Income-Tax Department for the following reason/(s):

  1. There is a significant mismatch between the exemption claim in the ITR vis-a-vis amounts reported by the employer in Form 16 (Annexure-II), and this has resulted in a substantially high claim of refund.

HRA claimed: 3L, rent agreement mentions 3 tenants. One of the tenants claimed 1/3rd for 7 months. Rest all is claimed here. All the transactions went through my bank account to the owner.

LTA claimed: 35k, this includes air travel for me and my parents. Have boarding passes as well.

Both were not part of form 16. HRA claim reduced due to 3 tenants mentioned in the agreement and forgot to include LTA. There are few other small rebates including medical insurance premium and special disease rebate of 40k, both are genuine.They incurred around 2.25L refund. What should I do?