Funnycontrol | Barbenheimer and other I-T deductions on July 31, to give your rich CA heartburn

It’s that time of the year when you file your income-tax returns (I-T returns) without hope of any returns on your taxes. But at least your CA has a more fancy office and the roads have more fancy potholes. In the spirit of the season, here are 5 ways to save tax that are not listed in the laws.

1) Claim Leave Travel Allowance when you travel to a Spa to discover yourself: Tell the I-T authorities that the journey is the destination. Even when the journey is to a Thai spa in Andheri East. Simply getting there in this monsoon will be a discovery of yourself.  Because you’ll be lucky to reach on time even twice in a block of 4 years.

2) Claim "lesson learnt" deduction for losses made in F&O by listening to finfluencers: Tell I-T that you cannot be blamed if the Rs 499 course did not deposit Rs 4,99,000/- profit in your account as promised but depleted it by Rs 49,000/- instead. Therefore, in all fairness, you should be allowed to claim 4,99,000/- as a deduction for walking on this boulevard of broken F&O dreams.

3) A special bravery deduction for the guts to order ketchup with your fries in 2023: Whenever I ask my lunch lady for salad, I have almost given up hopes that even a slice of tomato will accompany the onions. This is a far cry from the days when you hoped for a slice of onion to accompany the tomatoes. But at least I have the courage to ignore the judgemental look at McDonalds when I ask for extra ketchup with my fries. Such bravery should be rewarded with a special deduction… or at least with an extra tomato slice in my income-tax refund