Harassment

what issues is knowledge of correct sales and purchase in site. Tin no: can easily be misused and the vendor has to file suite against sales tax Department, this is a bad practice. Sales Tax should give correct status through site and details of such fraud purchase like customer name, amount, item, id card etc....otherwise it really is a harassment. more  

Thank you Mr. Sharma for detailed explanations on what is happening in market. As I said if the govt makes the rules simple and make the income tax and other taxes less, many people who have no gains will be filing taxes on their own. The govt must try this. more  

Really Correct Sri Subramanian Ananthakrishnan. Their Argument that Tax authorities are harassing cannot stand correct while the fact is that beyond 25% Taxes are being avoided in Sales Tad & Income Tax , about 10% but comprise high volume in Excise-able goods . 1. Every average Shop's turnover of purchase is about 2000 p.d.=50,000 p.m.=6 lacs a year but , their Sales Turnover being shown or notified will be Rs.1,400 p.d.=35,000 p.m.=4.2 lacs a year . This is the fact since the business Purchase Payments and Sales without Invoices or , with reduced Bills ARE IN CASH . This system is being carried even Departmental Stores and , Big Bazaars & Shopping Malls . 2. Many Companies/Firms & Proprietary Enterprises also dealing with Cash ; Bearer Cheques getting back themselves ; using the practice of more than 2 Drafts of Rs.40,000/- per day on one name tendering only Cash in Banks without using their Bank Account indents for such Drafts . Such of these are moving their Manufactured Goods on SINGLE WAY BILL & One Challan for number of Truck Loads dispatched bribing authorities of Tole Gates/Check Posts etc., Again the usage of Bearer Cheques , payment by cheque and getting back through Cheque is also being practiced in this course Goods diversion . 3. They are manipulating their Purchasing , Production/Yield Records purposely showing low yield that match their quantitative Check since there are allowances on Shortage in Processing/manufacture AND THIS WAY , THE STOCK REGISTER ALSO GETS MANIPULATED . 4. Hence , there shall be a Check of Quantitative particulars of Purchase , Issue , Production , Yield , Sales and , the Balance Stock with quarterly Rate and Value to confine the Correctness in the carry of the Business . These Statements are to be taken from Each and Every Enterprise , tally with the Audited Statements , and , particularly those Statements filed with their Sales Tax and , Income Tax Departments . 5. [a] The performance of Inspectors and Auditors through the system explained in point 4 above will avoid the Reports and Possibilities on Tax Inspectors . - - [b] The Governments shall make mandatory for implementation of Bills on Purchases and Sales in every Shops above the normal limit of Business . - -[c] The Governments shall make mandatory for every payment of Purchase of goods worth above Rs.10,000/- through Bank Payment as well as Sales of goods worth above Rs.10,000/- through Bank Payment . The condition of individual Payments for Salary , Incentives , Commissions , Professional Fee , Hospital Charges , Educational Fee , Lawyers Fee , in Cash is to be restricted to Rs.2,000/- . more