Do You File ITR Independently? This Delhi CA Claims You Are Doing It All Wrong

The deadline for filing income tax returns (ITR) for the financial year 2023-24 is July 31. While many people seek professional assistance for filing their ITRs, some prefer to do it themselves. Now, a Delhi-based Chartered Accountant (CA), in a post on X (formerly Twitter), advised people to seek help from professionals rather than filing the ITR independently.

Kanan Bahl has highlighted the importance of professional assistance when filing ITRs. He shared that despite being CAs themselves, he and his parents rely on other CAs to file their ITRs. He stated that tax laws frequently change and are strict about non-compliance.

“If you think filing an ITR on your own is a smart decision, hear me out. I am a CA and so are my parents. We all get our ITRs filed from CAs in practice. Tax laws change frequently and are very stringent if non-compliances are made. Don’t be penny wise, pound foolish!” Bahl wrote on X.

See the post here:

Since being posted online, Bahl’s message has gained significant attention, sparking a lively discussion among users.

A user said, “I have never once filed it on my own. Always via a CA. Same one for years.”

Another added, “So despite being a CA you don’t trust yourself? And you want others to trust CAs. What kind of joke is this?”

In agreement, a person wrote, “Right Though I am CA but get my / Family members return filed by other practising CA Besides complexity of Salary/ Business Income, Capital gains etc lot of other cross checks are done Objective is ensure to fulfill requirements the department check to avoid notice.”

Another added, “I agree! I always take professional CA service for filing ITR!”

An individual pointed out, “When a man can earn crores of rupees from the stock market, he can easily file his return himself. It is not Rocket science. Earlier my returns were filed by CA. I have got 2 Scrutiny. Last 6 years I am filing myself. No problem. Tax laws are can be easily tracked now a days.”

A person said, “Sir, come on anyone who is savvy enough to use the net can easily read the income tax act by doing a Google search and following the process of filing returns.. It is not any complicated rocket science.”

Meanwhile, a user asked, “How to verify if someone is a genuine CA or a random guy who has expertise in filing ITR?”

Bahl’s post has accumulated over 1.2 lakh views so far.