Filing of return
This query is : Open
22 April 2015
Y RETURN FILE IS NOT COMPULSORY FOR THOSE WHOS INCOME NOT EXCEED BASIC EXEMPTION LIMIT (SPECIALLY FOR BUSINESS MAN )
22 April 2015
1. Whats the benefit from these if its made compulosry...!!!
2. One more question on law by miss B
2. One more question on law by miss B
22 April 2015
LET SAY ,
I'M BUSINESS MAN
MY GROSS RECEIPT SAY : 500000
EXPENSES : 400000
NET INCOME : 100000
SO ACCORDING TO LAW I'M LIABLE FOR FILING...
HOWEVER , THE FACT IS I CONCEALED MY RECEIPT BY 200000
NOW , SUPPOSE IF FILING OF RETURN IS COMPULSORY THEN I FILED WITH MY RECEIPT OF RS. 500000
THEREAFTER MY CASE MAY BE SUBJECTED TO SCRUTINITY BY COMPARAING INDUSTRIAL STANDARD
BESIDES THIS DEPARTMENT CAN KNOW MANY THING IF I FILED RETURN.
I'M BUSINESS MAN
MY GROSS RECEIPT SAY : 500000
EXPENSES : 400000
NET INCOME : 100000
SO ACCORDING TO LAW I'M LIABLE FOR FILING...
HOWEVER , THE FACT IS I CONCEALED MY RECEIPT BY 200000
NOW , SUPPOSE IF FILING OF RETURN IS COMPULSORY THEN I FILED WITH MY RECEIPT OF RS. 500000
THEREAFTER MY CASE MAY BE SUBJECTED TO SCRUTINITY BY COMPARAING INDUSTRIAL STANDARD
BESIDES THIS DEPARTMENT CAN KNOW MANY THING IF I FILED RETURN.
22 April 2015
if filing of return is compulosry... dont u think stil people wil conceal things...!!!
22 April 2015
WE KNOW THAT IT CAN NOT BE DESTROYED BUT IT CAN BE DECREASED
22 April 2015
no ways i dont think ... even before making these things compulory.. voting must b mandatory...
you can through things on others..... more or less these things wil create feeling of insecurity....!!!
you can through things on others..... more or less these things wil create feeling of insecurity....!!!
22 April 2015
GENERALLY ASSESSEE ALWAYS FEAR OF INCOME TAX DEPARTMENT AS WE KNOW...
THEN Y NOT......
THEN Y NOT......
22 April 2015
only assesee hiding things worries from it department... not everyone does so
22 April 2015
DEPARTMENT ONLY CONCERN WITH REVENUE IMMETRIAL WHETHER IT IS SSC OR ............
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