Often we think that people whose salary runs into crores and who own many houses, would have no shortage of money in their life. But social media But such a case has come to light, after reading it, believe me, you will be left wondering. In fact, a person who appeared to be a millionaire on paper had to ask for a loan from friends just to pay the tax of Rs 15,000. Let us know the whole truth of this interesting matter.
Viral story of an IITian client and CA
Chartered Accountant (CA) Pratibha Goyal has shared such a story of one of her clients on social media platform X (earlier Twitter), which has created a stir on the internet. Recently he filed the ITR of a young IIT graduate who has been earning more than Rs 1 crore every year for the last 5 years. Apart from earning big money, he also has three houses. Two of these are under construction. Obviously, seeing such huge income and property, you would be thinking that brother must have a lot of money. But the real drama started when the turn came to file ITR.
Had to ask for a loan of Rs 15,000!
When CA Pratibha asked the client to pay the remaining tax of Rs 15,000, he said that he did not have the cash right now, so the ITR filing should be postponed till August, so that he could make the payment when the next salary comes. But when CA explained that after the deadline, huge interest and penalty would have to be paid, the IITian was forced to borrow Rs 15,000 from someone to avoid the penalty.
What are people saying on social media?
This post went viral on the internet within no time, and netizens are commenting heavily on it. One user wrote, It is surprising that even people with such a big degree are not able to keep proper track of budget and money. Another user said, even if the salary is in crores, if you do not know how to keep track of money, then the situation of asking for loan definitely comes. This shows how much financial literacy is lacking among the people.
Just filed ITR of one of my IITian client!
He is a young guy having package of 1Cr plus since 5 years.
Has 3 houses out of which 2 projects are WIP.
He told me he had no money to pay taxes of Rs. 15K and wanted me to wait till August so that his salary comes and we can pay the
— Pratibha Gupta (@PratibhaGoyal) July 27, 2026
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