Post
Personal Finance
8mo
lejhand
·
A Quality Assurance Specialist
Is it necessary to hire a CA to file tax returns?
I make around 18 LPA and no capital gains since I've not sold any of my investments this year.
My tax liability is coming down to around 3 lakhs after all deductions. I have done all this by myself, watching a lot of videos and talking to colleagues.
Do you guys suggest going for a CA?
jackfruitt
8mo
works at
Consider a free consultation with a CA to discuss your situation and get an estimate for their services, then you'll know.
chaturchartwala
8mo
student at
Indian Institute of Technology (IIT), Kharagpur
Worth a shot. My CA took around 1k for the job. I was new to it so it was worth now I just use cleartax.
harratamatar
8mo
works at
If you have made investments during the year and are unsure how to report or add them up, consult a CA. They can help you understand how and where investments should be reported under different sections of the Income Tax Return. This will make it easier for you to file it yourself next time. It's not as difficult now, thanks to the many applications available for this task, which can be used for a small fee.
greatking
8mo
A Team Lead
Since you've figured it out this time and your situation seems straightforward, you can probably skip the CA this year. But if taxes ever confuse you, don't hesitate to get help!
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