‘Fear-mongering officials...’: Delhi man slams I-T dept after paying ₹50,000 fee to resolve Re 1 dispute

Apoorv Jain paid 50,000 to settle a Re 1 Income Tax dispute, urging an overhaul of the system and a change in the 'fear mongering' attitude of I-T officials towards taxpayers.

Livemint
Updated11 Jul 2024, 07:46 PM IST
Taxpayers may receive income tax notices from the IT department for several reasons, such as discrepancies in the filed ITR, nondisclosure of high-value transactions, or requests for further documentation
Taxpayers may receive income tax notices from the IT department for several reasons, such as discrepancies in the filed ITR, nondisclosure of high-value transactions, or requests for further documentation

Apoorv Jain, whose post on microblogging site X, claiming that he paid a hefty sum of 50,000 to settle a Re 1 Income Tax dispute went viral, has asked the Income Tax Department to consider a ‘overhaul’ of their system. Jain has also recommended that I-T officials re-consider their ‘fear mongering’ attitude, which makes taxpayers feel like ‘criminals’.

Also Read | Man pays ₹50,000 fee to settle Re 1 I-T dispute, netizens say ’joke is on you’

After his post when viral on social media, Apoorv Jain was approached by the Income Tax Department on the social media platform X (formerly Twitter). The I-T department asked Apoorv Jain to share details of the issue and write to orm@cpc.incometax.gov.in for proper escalation.

Apoorv Jain, a Delhi resident, had claimed that he had to pay a hefty fee of 50,000 to a chartered accountant to settle an Income Tax dispute. However, he said, the final amount of the dispute ended up being a measly Re 1.

Also Read | Income Tax Return: How to choose the correct ITR form for tax filing

Paid 50000/- fee to CA for a IT notice I received recently wherein the final disputed value turned out to be Re 1/-. I am not joking. 🙃”, Jain's viral post on X read.

After Jain was approached by Income tax watchdog, he came up with an intelligent reply suggesting pointers to ‘better taxpayers' experience.

“I am intrigued as to what help can you even offer me now? You sent me a ridiculous inflated notice which I had to spend time & resources on to get corrected. It costed you nothing but put a dent in my bank account. Are you implying you have the power to restitute me for the losses I incurred?” jabbed Jain at the Taxman.

Also Read | ITR filing 2024: How to file income tax return without Form 16?

"I know you don’t but allow me to take this opportunity & suggest some things:

• I request you to overhaul your system and try making it easier for all of us.

• We don’t need excessively complex rules which render us incapable of understanding them.

• We don’t need inflated notices which make us have to do-over & pay exorbitant fees.

• We don’t need fear-mongering by officials who make us all feel like criminals." Jain suggested to the I-T watchdog.

Why do taxpayers get I-T notices?

Taxpayers may receive income tax notices from the IT department for several reasons, such as discrepancies in the filed ITR, nondisclosure of high-value transactions, or requests for further documentation.

Also Read | Income tax implications for money transferred by Karta of an HUF to his HUF

However, with the recent surge in fraudulent income tax notices, it is crucial to verify the authenticity of the notice through the e-filing portal before responding.

Catch all the Budget News , Business News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

MoreLess
First Published:11 Jul 2024, 07:46 PM IST
HomeNewsTrends‘Fear-mongering officials...’: Delhi man slams I-T dept after paying ₹50,000 fee to resolve Re 1 dispute

Get Instant Loan up to ₹10 Lakh!

  • Employment Type

    Most Active Stocks

    GAIL India

    241.05
    03:56 PM | 31 JUL 2024
    7.4 (3.17%)

    Indian Oil Corporation

    181.60
    03:59 PM | 31 JUL 2024
    -1.4 (-0.77%)

    Zee Entertainment Enterprises

    148.85
    03:57 PM | 31 JUL 2024
    3.75 (2.58%)

    Tata Steel

    165.35
    03:57 PM | 31 JUL 2024
    1.3 (0.79%)
    More Active Stocks

    Market Snapshot

    • Top Gainers
    • Top Losers
    • 52 Week High

    CCL Products India

    675.30
    03:41 PM | 31 JUL 2024
    59.65 (9.69%)

    Network 18 Media & Investments

    98.19
    03:54 PM | 31 JUL 2024
    6.89 (7.55%)

    Granules India

    630.35
    03:51 PM | 31 JUL 2024
    42.55 (7.24%)

    Ajanta Pharmaceuticals

    2,690.00
    03:29 PM | 31 JUL 2024
    167.25 (6.63%)
    More from Top Gainers

    Recommended For You

      More Recommendations

      Gold Prices

      • 24K
      • 22K
      Bangalore
      70,740.00-124.00
      Chennai
      70,191.00-260.00
      Delhi
      70,260.00290.00
      Kolkata
      70,809.00-124.00

      Fuel Price

      • Petrol
      • Diesel
      Bangalore
      102.86/L0.00
      Chennai
      100.75/L0.00
      Kolkata
      104.95/L0.00
      New Delhi
      94.72/L0.00
      OPEN IN APP
      HomeMarketsPremiumInstant LoanBudget
        翻译: