India, July 29 -- A post by a Chartered Accountant on X has gone viral after she shared the story of an IIT graduate who appeared wealthy on paper but was struggling with a liquidity crunch.

CA Pratibha Goyal revealed that she recently filed the Income Tax Return (ITR) of a young IITian client who has been earning an annual salary package of over Rs 1 crore for the past five years. Despite the high income, the client reportedly did not have enough liquid cash to pay an outstanding tax liability of Rs 15,000 and requested her to wait until August, when his salary would be credited.

According to Goyal, the client owns three houses, two of which are still under construction, making him asset-rich but cash-poor.

Sharing the incident on X, ...