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DerpyPenguin
DerpyPenguin
Student

Lmao (not the OP)

Government: You owe us money. It's called taxes.

Me: How much do I owe?

Gov't: You have to figure that out.

Me: I just pay what I want?

Gov't: Oh, no we know exactly how much you owe. But you have to guess that number too.

Me: What if I get it wrong?

Gov't: You go to prison !

20mo ago
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MagicalBurrito
MagicalBurrito
Stealth20mo

Is this the case in India as well ?

GoofyPancake
GoofyPancake
Microsoft20mo

It is not. You get the exact figure that you have to pay or will be reimbursed to you during ITR filing

MagicalBurrito
MagicalBurrito
Stealth20mo

If we pay less, is there a fine ?

GigglyNarwhal
GigglyNarwhal
Stealth20mo

I'm working in Finance sector since past 2 years and I haven't seen anything as mind numbing as tax calculations.
My friend in USA on the other hand tells it's even worse there with most of the processes being on-paper and/or via private players.

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