Paytm- Income Tax Rumours

actually who’s looting whom

Check if Income Tax guys are waiting at your door.

.

U can also go to out of India. Lot of great legends who earned lot of amount from bank ,they are still staying comfortably

Don’t worry… How much diff is it gonna make in ur income? …

BRO SEE THIS. ALL DOUBTS CLEAR.

LOL, just link your paytm bank account on phonepe UPI or tez UPI or you also create 1 more paytm UPI VPA.

and rotate your money in your own account linked Phonepe UPI or Tez UPI or Paytm UPI.

What you are doing is just constantly shifting or rotating YOUR OWN money every time from your own account.

income tax officials always ignore rotating money things if your all bank accounts linked on same PAN number or Aadhaar number.

Further, it doesn’t matter if the total rotation transactions cross INR 250,000/- every month or during any period.

there will be no income tax liability on you. Why? Well, because income tax is a tax on income & you earn just 750+750+300+50+70 = Rs1920.

the cashback money (not the entire amount) will be taxable as your income but you earn just few amount Rs1920 so, no income tax liability on you.

NOTE: dnt exchange with other person’s bank accounts, use your own bank account.

Nothing will happen chill

thanks for suggestions, and posted this because today I recieved call from HDFC upi monitoring department.

telephonic conversation with paytm customercare

What abt the credits cards bills

Now use the looted cashback on a chartered accountant and fight the government to tooth and nail. Use some coupons if things get serious.
Alternatively you can also dm nirav and mallya on Twitter to seek advise as the amount rotated within your own bank account must be triggering some kind of alerts at RBI headquarters.
Stay safe out there.

I am doing Paytm upi transactions to my bro Paytm accounts I will. Transfer daily 2500 to him and take that money from him in upi is any problem will come?