I AM AN PRACTICING CHARTERED ACCOUNTANT & WANTS CALARITY ON TAX ISSUES ON INTERNATION TAXATION ISSUES . WE NEED MORE REFORM IN TAXATION ISSUES & POWER OF ASSESSING OFFICER . THE ACT GIVES HIM UNDUE ADVANTAGE TO HARESS ASESSE ON DAY TO DAY FUNCTIONING OF BUSINESS ON PRETTY ISSUES . THERE IS URGENT NEED TO ADRESS ISSUES RELATING TO REFUND OF TAX . IT SHOULD BE HANDED OVER TO PSU BANK ON ALL INDIA BASIS . IN LAST 12 YEAR OF EXPERIANCE NO CLINT HAS EVER ASKED TO PAY LESS TAX IN COMPARASION TO THE PREVIOUS YEAR .
FURTHE THERE IS URGENT NEED FOR SOCIAL SECURITY FOR ALL INCOME TAX PAYEE . IT ENCOURAGE MORE PEOPLE TO PAY TAX .