18 lakh a/c. holders should be treated as black money holders
by Ramanarao Kallepally (View MyPage) on Feb 19, 2017 01:10 PM | Hide replies
Indeed, Income Tax department is doing extremely very good job since six decades, I have not seen the sincerity, honesty and hardworking in this department. If these account holders found guilty conscious in hiding there black money should be punished vigorously without further delay, so that in future such fraudulent depositors will not be having that much of courage to hide and deposit their money in the banks.
IT gives clean chit, case closure and full refund in record time of hundreds of crores cash seized during raids. The crucial diaries and documents seized are also declared bogus. They also go on record to contradict SEBI by making a self assessment that the millions of investors of a chit fund company are all genuine. They give amnesty to the rich and corrupt and all those with huge incomes avoiding to come under their radar but are coercive towards the honest tax payers. Instead of sending text messages (love notes) to 9 lac tax evaders, they should have seized their accounts and then then informed them to claim the same post scrutiny by ED/Appellate Tribunals. By giving them time they will be allowed to fudge their accounts or withdraw the money and disappear from the radar once again.
As the SP-Congress combine have put it so well. Modi should stop "Man ki baath" and start "Kaam ki baath". 18 lakh people have been sent SMS and emails over "suspicious deposits". If all these 18 lakh people (hypotheticaly speaking) go to court for redressal our justice system will collapse. Basically these ham handed and orchestrated decisions for petty political gains must stop and Modi should be made answerable as to why the "development platform" he was elected for has been forgotten for all these pyrotechnics like demonetization.
now its the IT guys to make money by this scrutiny. i hope Modi govt does not undermine corruption prevailing in the nerves and bloodstream of IT department employees. yesterday only 1 guy was arrested taking 10 lakh bribe. Now if all are corrupt then whats the use of all this. common man is sandwitched in all this. i have not filed my IT RETURNS since last 4 years and now if i wanted to do then they are asking to file for last 4 years. now the CA will charge 5000 per year and accountant another 2000 per year for accounting entries. i cant find a way out of this. the only good option is to find out a corrupt IT official and complete my incomplete IT RETURNS. all this is really messy work. due to all this i have seen many people not showing their real incomes in tax. system is very very corrupt and there is no way for helping a common man who does not understand how to file IT return. MODI GOVT should do something about the corruption in all sectors. those people who work without corruption should be rewarded by govt.
Re: Re: it department
by () (View MyPage) on Feb 17, 2017 10:15 PM
Before the officer were looting indirectly from people, now after march 31 they will start looting the suspicious ones again. We are same at same square
Re: it department
by Sanjay Borse (View MyPage) on Feb 19, 2017 11:45 AM
One should have file return regularly.One making delay means, there is always chance to make adjustment. to file the return is very easy process by its name itself " SARAL.". No need of CA. Even needed, select proper CA with reasonable charges. These accounting charges/Professional fees are part of business expenses. No need to cry..
Re: it department
by ajay jain (View MyPage) on Feb 20, 2017 01:46 PM
strangely, because of these very deptt and politicians, black money economy is in the system. Now these two have joined hands to revamp the system.
all our anti corruption bureau does not work on their own. they work only after they receive complain. and when they work they work selectively on only few culprits. this is not the way to stop corruption.
Re: corruption has not stopped
by () (View MyPage) on Feb 17, 2017 10:16 PM
Even after complain they do not work and if they work also we have not seen any person convicted recently when they were caught with loads of 2000Rs currency