Our hard earned money will be used for MPs to travel outside and ministers and their families to travel first class and purchase for themselves.
We are just paying for what these netas will enjoy. It is high time accountability be brought. No hope with leaders because they are not for people, but greedy animals.
Re: Made mistake on my tax return and already e-filled it.
by coolbob on Jul 30, 2013 04:24 PM
Same here. I submitted my return information with wrong data. Then I submitted one more time as revised return. However, I'm not sure if I did the correct thing
The Govt is extremely short on finance. It has therefore instructed all departments to extract money using any means. WHICH IS WHY THERE IS A SPATE OF CASES. Customs , Excise, Service Tax, Income Tax.. etc etc. Each Govt department is sending show cause notices, demands, summons for taxes, penalty, etc. New types of claims are being fabricated under each law even for businesses which are running legally. In cases where the claims are evidently baseless the Govt departments quietly tell the assessee to come under some compromise settlement so that there is at least some collection. Companies accept this because they cannot afford long drawn litigation - as it is sales are down for all. There is simply no money in the market.
While e-filing in ITR1, system does not accept exempt income over Rs.5000. Why should one use the long and complex ITR2 just to show exempt income? What is the penalty for not declaring exempt income?
