The cashback on your shopping could be taxable: Read the rules to find out

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12 Comments  |  
8 Dimers
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.

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SleeperRAW wrote:

How will IT Dept know if the cashback is credited in different e wallets?

Tax scream

read posts by panchabhut and batman_x https://www.desidime.com/forums/dost-and-dimes/...
or many other posts
https://www.desidime.com/forums/dost-and-dimes/...
why this question even though sad ?
can’t (like DBT beneficiaries) department and agencies trace persons behind wallets (even if PAN is not given to wallets)?
https://www.desidime.com/forums/dost-and-dimes/...
https://www.desidime.com/forums/dost-and-dimes/...
https://www.desidime.com/forums/dost-and-dimes/...

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Deal Subedar
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Taxable if more than 50k in an year

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cocay wrote:

Taxable if more than 50k in an year

yess

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kapoor.uk wrote:

read posts by panchabhut and batman_x https://www.desidime.com/forums/dost-and-dimes/...
or many other posts
https://www.desidime.com/forums/dost-and-dimes/...
why this question even though sad ?
can’t (like DBT beneficiaries) department and agencies trace persons behind wallets (even if PAN is not given to wallets)?
https://www.desidime.com/forums/dost-and-dimes/...
https://www.desidime.com/forums/dost-and-dimes/...
https://www.desidime.com/forums/dost-and-dimes/...

suspend bhi bo gaya 🤪🤪

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rogerthat wrote:

suspend bhi bo gaya 🤪🤪

Fake IDs sunglasses

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androgame wrote:

Fake IDs sunglasses

flushed kaun hai yeh log fake Id waale aur kaise malum padta hai fake hai rolleyes
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desiman wrote:
flushed kaun hai yeh log fake Id waale aur kaise malum padta hai fake hai rolleyes

If a newbie starts preaching something really intelligent then it’s a fake ID cool

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androgame wrote:

If a newbie starts preaching something really intelligent then it’s a fake ID cool

Roger that

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androgame wrote:

If a newbie starts preaching something really intelligent then it’s a fake ID cool

doesn’t look like preaching
and isn’t “really intelligent” sad

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The sad thing is what is termed cashback is unclear . As most sites have their own form of cashback and when a refund comes it goes to that wallet sometimes (if partial) like Amazon Coolwinks, paytm does. And with legal language you cannot even fight with comma or fullstop.
Plz correct me if wrong. Will love to hear as it may help me to save in future time if i earned more than 50k🤭

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P_A_N_K_A_J wrote:

The sad thing is what is termed cashback is unclear . As most sites have their own form of cashback and when a refund comes it goes to that wallet sometimes (if partial) like Amazon Coolwinks, paytm does. And with legal language you cannot even fight with comma or fullstop.
Plz correct me if wrong. Will love to hear as it may help me to save in future time if i earned more than 50k🤭

What’s not clear? Any cashback received in any e-wallet(paytm,phonepe,amazon,ola etc)/bank account/credit card is “income from other sources”. Any cashback received in the form of instant discount is not included in this.

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