Filing taxes with a Rs 60L salary and crypto trades: Can I just use an AI portal or do I need a CA?

If your income exceeds Rs 50L and you have multiple sources of capital gains like crypto or multiple house properties you should highly consider consulting a CA over a purely automated AI approach. You are now moving into ITR-2 or higher territory where the comprehensive nature of complex returns requires professional judgment.

Automated AI platforms are fantastic for straightforward situations like an ITR-1 with an income below Rs 50L and limited capital gains. In those simple cases AI excels at extracting data from your Form 16 and populating the correct fields in minutes without human error.

But a CA understands the gray areas that an AI might misinterpret when dealing with newer asset classes like digital gold or global investments. What you are really paying for with a CA is not just the data entry but the transfer of worry and the peace of mind that comes from trusting an expert. Financial information is highly sensitive and encompasses every financial decision you made throughout the year.

We are seeing the emergence of hybrid models where CAs use AI to become more efficient. A CA equipped with AI is far more powerful than either working alone. For your specific mix of a Rs 60L salary and crypto trades you want that human judgment reviewing the final submission.

Disclaimer: All information shared above are strictly for educational and informational purposes only. It should not be construed as financial or investment advice.