What to Do in Case of Problems With Income Tax?

What to Do in Case of Problems With Income Tax?

The process of calculating income tax payable or even filing an ITR can be daunting. But don’t worry. If you face any challenges on the way, you can seek help through the following ways.

Income Tax helpline numbers:

https://www.incometaxindia.gov.in/pages/tax-helpline.aspx

Pick a number depending on your issue.

Phone numbers for the Income Tax department Grievance Redressal Cell for all States can be found here:

https://www.incometaxindia.gov.in/pages/tax-helplines/regional-grievances.aspx

The Grievance Cell officers can be contacted for any problem we may face.

Points to remember:

Here are some key takeaways from this section that you should remember.

Income tax is a tax on our income that we should compulsorily pay to the government every year.
Income tax is charged on income from salary, rent, interest on savings bank a/c and fixed deposits, pension, mutual funds, etc.
To calculate how much income tax you are liable to pay, first understand the source of income, then apply all deductions and exemptions to the income and finally check the tax slab to see where your income range falls.
You can file ITR in a bank branch or online on https://www.incometax.gov.in/iec/foportal

Here is a quick task to help improve your understanding!

How well does this statement describe you or your situation?

Read the different options and make a not of what suits you best.

This statement describes me	Completely	Very well	Somewhat	Very little	Not at all
I do not earn enough, so I think I do not have to file IT Returns.
I think filing IT Returns is complicated.
I believe that no one will find out if I do not file IT Returns.
I will not file ITR or pay Income Tax because I know that my tax will be used by the government only to give facilities for the rich.
Most of the rich in the country do not pay taxes, so why should I?
I think the government is spending my tax money wisely and using it for good purposes.

About 5% of the Indian population or over 8 crore people file IT Returns every year. All of them are honestly declaring their income to the government. Imagine only 8 crore out of 130 crore population is paying tax.

India follows a progressive taxation system, which means, the rich are taxed more than the poor. There are many exemptions and deductions that we can claim to reduce our taxable income.

All of this is provided so that we tell the IT Department honestly how much our income is. If there are enough people who are honest about their income, the country will earn enough money in taxes to spend on providing facilities like healthcare, education, roads, industries, etc.

Let’s learn more about taxes and when and who needs to pay them…

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