People Asking For Refund In New Scheme

Understanding the Situation It seems like you're facing a challenge with clients expecting unrealistic refunds from their salary ITR filings.

They're asking for specific refund amounts based on the TDS deducted, and when you explain that the refund amount depends on various factors, they're not satisfied. Key Points to Consider - 

*Client Expectations*: Clients might have unrealistic expectations about tax refunds, especially if they're not familiar with the tax calculation process. - 

*New Tax Regime*: Under the new tax regime, the tax slabs and deductions are different, which might affect the refund amounts. - 

*Communication*: It's essential to communicate clearly with clients about the tax calculation process and the factors that affect refunds.

Strategies to Address the Issue - 

*Educate Clients*: Take the time to explain the tax calculation process and the factors that affect refunds. This can help manage client expectations. - 

*Provide Transparency*: Offer to show clients the tax calculation sheet or the ITR form to help them understand how the refund amount is determined. - 

*Set Realistic Expectations*: Clearly communicate that the refund amount depends on various factors, including the tax slab, deductions, and TDS.

Shifting Focus to ITR-4 - *ITR-4*: 

If you're finding it challenging to work with salary ITRs, you might consider shifting your focus to ITR-4, which is for presumptive income from businesses or professions. -

 *New Opportunities*: ITR-4 filers might have different requirements and expectations, which could provide new opportunities for your practice.

Conclusion By educating clients, providing transparency, and setting realistic expectations, you can build trust and improve your relationships with clients.

 If you decide to shift your focus to ITR-4, make sure to understand the specific requirements and opportunities associated with this type of ITR.

Income Tax dept seems to be becoming creative.

My relative is unable to Verify his filed ITR-1 (New Scheme) through net banking.

He is not doing any mistake, the same system (as per I T Department verification guide) has worked for last 3 assessment years without any issue.

This time, the link between the Bank and the EFiling portal seems to have gone missing.

On clicking EVC on his netbanking page, last 3  years, the I T Efiling portal used to open, and confirm, that verification is completed.

This time, the same method has not worked, on clicking the EVC, a blank page opens and after sometime, the browser says, unable to connect. 

Tried for  more than 10 times, same response 

So "No Verification" and therefore "No Refund".