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Tide - Income Tax notice

1495°
Deal Cadet
GKN
Be Cautious.
Arindam has confirmed that many of his subscriber who made transactions using TIDE card for money rotation using PayZapp, Mobikwik, Bajaj Finserv, rental payment were getting income tax notice

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Deal Hunter Deal Hunter
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8eqj1e

Deal Subedar Deal Subedar
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Are there any limits like credit card spending 10 lack per bank for prepaid cards?

Deal Lieutenant Deal Lieutenant
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business transaction doesn't have any limits, 
even all small transactions will be visible on the AIS
Deal Cadet Deal Cadet
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It is not visible in my AIS statement for current financial year. Also interest received from Mobikwik Xtra or 12% club is not visible. 

AIS still has to integrate lot of things. I usually disclose such income under income from other sources.

Deal Lieutenant Deal Lieutenant
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AIS is generally updated completely around July 20-25th. So wait till that time to confirm if it is visible or not.
74 Comments  |  
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Shopping Friend Shopping Friend
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images26
Pro Shopping Friend Pro Shopping Friend
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Tide be like :- IMG20240205155438

Helpful Helpful
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Till sources of income are clear and traceable there is no issue, only ITR filing is required

 

Deal Cadet Deal Cadet
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But it's a big head ache

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Helpful Helpful
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Arindam Govindam

Benevolent Benevolent
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Bhjaa govindam

Deal Subedar Deal Subedar
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Are there any limits like credit card spending 10 lack per bank for prepaid cards?

Deal Lieutenant Deal Lieutenant
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business transaction doesn't have any limits, 
even all small transactions will be visible on the AIS
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Deal Hunter Deal Hunter
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8eqj1e

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Finance Mentor Finance Mentor
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Tumne wrong info diya tha. Tide bas naam ka business account hai.

IT notice 10 lakhs+ hone se aate hai.

Tide limit is 6 lakhs monthly, Log 2 mahine me 10 lakhs+ use kar le rahe hai. 😀

Anyway, if they are just rotating money then no problem, if all wallets and bank account linked with same PAN Card.
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Shopping Friend Shopping Friend
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images1
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Budding Star Budding Star
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Relax it's just a notice that you got noticed for your not so rare contribution in economic activity 

Generous Generous
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Mera to pura business hi hai.. ais me business ka to kuchh nahi aata.. all i get cc ka ussage 40 50 lakh ka

Generous Generous
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Bahut sare qr hain merchant ke.. lakho ke hote honge.. ais me to nahi aata kahi

Deal's Advocate Deal's Advocate
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What is ais
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Deal Cadet Deal Cadet
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It is not visible in my AIS statement for current financial year. Also interest received from Mobikwik Xtra or 12% club is not visible. 

AIS still has to integrate lot of things. I usually disclose such income under income from other sources.

Deal Lieutenant Deal Lieutenant
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AIS is generally updated completely around July 20-25th. So wait till that time to confirm if it is visible or not.
Generous Generous
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98659738esq8x

Generous Generous
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98659748esrn9

Investor Guru Investor Guru
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@drupal 🐒

Finance Mentor Finance Mentor
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@abhishek012 dekho yaha kuan sa majak chal liya ha

Finance Mentor Finance Mentor
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Title says : orindumb confirmed tide users got IT notice 😁 maze ki baat ye hai ki financial year poora hone se pahle ITD walo ne notice bhej diya orindumb ko joy

Deal Subedar Deal Subedar
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He wanted views on his income tax video , thats it sweat_smile

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Generous Generous
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Sprite dar ke aage jeet hai.

But

Dar achha hai..

Hunk Hunk
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Buuuuuug hai bhai joy

Generous Generous
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Its baaaag not buuuug

Generous Generous
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Show proof of itr notice received for tide transaction.. end the debate.. else keep guessing..

Finance Mentor Finance Mentor
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IT ke notice ke dar se tide cashback mat chodna bhaiyo

Finance Mentor Finance Mentor
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Lagta hai IT system mein koi baaag nikala orindum ney joy

Deal Cadet Deal Cadet
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I wonder why his subscribers did not use a little common sense

Finance Mentor Finance Mentor
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Baags don't need common sense

Deal Cadet Deal Cadet
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People's greed may take them down one.

Finance Mentor Finance Mentor
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images84

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Deal Newbie Deal Newbie
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Music

Finance Mentor Finance Mentor
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Music of AK-47 dichkiyan dichkiyan ✴️✴️✴️✴️✴️

Deal Cadet Deal Cadet
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No CC card ..no maj maj to save 5% ..only stock market pray no_mouth‍🌫️

Finance Mentor Finance Mentor
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Are ji ye berojgaro ke liye scheme hai cc rotation and all, stoc market jitna pesa koi chindia card kya hi dega

Deal Cadet Deal Cadet
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i stopped doing rotatation via tide 2 months back 🤣 joy kon tode se cb k liye etna maata fodi kare did. dec ka cb liya tha wese toda sa karke esh saal ka itr sort karke aage dhekugha mere cc kaa rotatation zaada ho gya hai so....

Finance Mentor Finance Mentor
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Tide 🌊 is only for braves

Deal Newbie Deal Newbie
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How come they get noticed, tide loot came recently but IT will send notices for previous years ?any logic here ?

replyuser
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