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Do you invest in initial coin offerings?
Hi, did anybody ever experience wrong tax calculations by JPMC Payroll/tax team ? Or is there any specific month where they deduct more tax. Huge amount of tax deduction is done for Oct payout. From my CA’s calculation the amount deducted by JPMC team looks wrong. Anybody experienced this?
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I’m making 55k in Chicago. Am I underpaid?
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I am following professor Aswath Damodaran's blog since long. Professor Damodaran teach Corporate Finance and Valuation and is well known valuation guru. Here's the link to his blog -
Musings on Markets (aswathdamodaran.blogspot.com)
His writing and videos have been great source of knowledge for me and hence sharing with this group.
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https://m.economictimes.com/wealth/tax/misuse-of-pan-for-fake-hra-claims-under-i-t-dept-radar-what-should-landlord-do-in-case-of-a-fake-claim/articleshow/109730680.cms
I know few CAs which claim that they would fill ITR for me and I won't have to pay any tax and all TDS would be returned.
How safe is that ?
It depends
If any deduction was missed out in declaration provided to your employer such case yes you might get refund since they might consider while filing return.
But they claim unwanted/ fake deduction which you are not eligible you will be in trouble.
Many CA's / auditor do it don't fall for and fake HRA is one of the deduction everyone is using to claim refund and department is serious about it