A man from Delhi claims to have paid Rs. 50,000 to a chartered accountant after receiving an Income Tax notice, only to find out that the final amount in dispute was just Re 1.
Apoorv Jain shared his frustrating experience on the social media platform X, where he revealed that he spent half a lakh for a dispute over a single rupee. He stated, “Paid 50000/- fee to CA for an IT notice I received recently wherein the final disputed value turned out to be Re 1/-.”
He added a disclaimer, “I am not joking,” to emphasize the seriousness of his claim.
Here’s the original post:
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. 🙃— Apoorv Jain (@apoorvjain_1988) July 8, 2024
Some social media users were shocked by the incident, while others criticized Jain for the hefty fee he paid to the CA.
One X user wrote, “The state of this department is such that nothing looks like a joke anymore.”
Another commented, “Bro, the joke is on you. Better check out the CA who charges 50k for anything.”
A third person criticized the fee structure, writing, “Rs. 50,000 is too much.”
Jain himself remarked on the absurdity of the situation, saying, “Imagine a polka-dotted world where the system is slightly more robust, the babus slightly less corrupt, the common man slightly less scared, and in this world, I might have been able to save 50000/-.”
In the discussion, a user asked Jain about the amount under dispute at the beginning, suggesting that if it had been just 1 rupee from the start, he would have paid it without involving a CA. Jain clarified, “I knew someone would read my post correctly. Several lakhs in the beginning.”
Taxpayers can receive income tax notices for various reasons, such as discrepancies in the filed ITR, failure to disclose high-value transactions, or a request for additional documents. However, there have been instances of fake income tax notices being sent to individuals. It is crucial to check the e-filing portal and verify the authenticity of the notice before responding.