WHERE IS THE HONESTY AND FIGHT AGAINST CORRUPTION AS PROMISED.
INDIA TODAY IS IN A VERY DIRE SITUATION AND BEWARE OF INTRA DAY TRADING AS IT COULD SEND YOU INCOME TAX NOTICES
AN INCOME TAX COMMISSIONER WAS HAVING MORE THAN 10 CRORES WORTH OF SHARES IN 2006 NOW IT MUST BE WORTH 100 CRORES AND HE WAS PREVIOUSLY IN THE VIGILANCE DEPARTMENT BUT NEVER GOT CAUGHT AND THERE ARE HUNDREDS LIKE HIM.
NOW A PERSON WITH ONLY 2 LAKHS OF INCOME IS BEING SENT NOTICE FOR 5 CRORES OF INTRADAY TRADING IN SHARES WHEREAS ACTUALLY HE USED ONLY MARGIN MONEY OF 10000 TO 30000 RUPEES AND LEGALLY IT IS NOT POSSIBLE TO TRADE IN CRORES AS IT REQUIRES SEBI REGISTRATION SO INDIVIDUAL TRADING IN HIS NAME WAS NOT POSSIBLE AND HE HAD ZERO SHARES IN HIS ACCOUNT. HE ALSO HAS ALMOST NIL PROPERTY WORTH ONLY 4-5 LAKHS IN TODAY TERMS IT IS NOTHING.
WHILE THESE INCOME TAX COMMISSIONERS HAVE CRORES OF RUPEES OF SHARES AND FULL PROOFS ARE AVAILABLE THEY NEVER GET NOTICES BUT HONEST PEOPLE WITH ONLY WHITE INCOME ARE GETTING NOTICES AGAIN AND AGAIN WHICH MEANT IT IS PURE HARASSMENT AND THAT ALSO THEY ASK FOR RECORDS OF YEARS BACK SO IF YOU CANNOT GET THOSE RECORDS WHICH MAY HAVE BEEN DESTROYED BY BROKERAGE FIRM OR NSE THEN YOU HAVE TO FACE THE CONSEQUENCES. THE PERSONS BANK TRANSACTIONS ALSO SHOWED ONLY A FEW LAKHS SO CRORES OF BANK TRANSACTION WAS ALSO ONT POSSIBLE AS HE DID NOT HAVE THE MONEY ALSO TO BUY AND KEEP THE SHARES AND HE HAD NO BLACK INCOME.
