Trace payable incometax

there is no such way. You pay tax either on cash or bank income or accrued income. and only you know depptt. have nothing to do with this and you can simply calculate it . if this way exist then there no need to do normal or penalty assessment.

There are 100 tax rules and clauses, It keeps on changing every year. How does this will be known to 120 crore population? Is it not governament responsibility make necessary actions towards this. And if I give some wrong information how incometax deparment know it? Bank interest can be tracked, Mutual fund income can be tracked, Why cant they put online to against our PAN number so that we can pay acurate tax. Is it not something govt has to work on it.

Income tax depptt is investigation oriented not detection then prevent. if you give some wrong information then there are provision of audit which is almost non applicable in case of salary class assessee. suppose only suppose if you earn illegal income by way of cash how the hell the government can know this instead of taking investigation measure but even income tax is payble on this illegal income. Government can evaluate the integiry of person while paying taxes on every income which she/he declares in the return of income

Hi,

Atleast they can implement the available tracking information like bank interest, Shares and Mutual fund etc.