The argument that the new I-T Form 2F amounts to harassment of tax-payers and that it amounts economic policing is highly exaggerated and motivated.
The cash flow statement, which is going to be a mandatory part of our I-T return from next year, should make us more disciplined in our financial affairs.
The salaried middle-class does not get many opportunities to avoid tax; whenever it gets a few it seizes the opportunity.
Let us not oppose something to protect this class.
Narendra M. Apte
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