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The Income Tax department is so suspicious of taxpayers, it does 100 per cent scrutiny through its complicated and lengthy I-T forms. Reintroduce the one-page Saral form, which was simple and easy to fill, and leave taxpayers to pay the correct tax without going into too much ‘scrutiny’-type information. There can be scrutiny in selective instances.
The following information is not required: details of all bank accounts, second email id, passport number (many senior citizens and housewives with no taxable income have passports). If information is required about foreign trips, there can be limited scrutiny.
The “Portuguese Civil Code” in Section 5A should be deleted. Taxpayers who have the Aadhar card need not post ITR-V-acknowledgement to the I-T office after filing the return online. This system disciminates against those who don’t have Aadhar cards. In fact, even the newly notified I-T forms are not really simple. Although the number of pages has been reduced, applicable schedules to income earned are part of the pages to be filled in.
An ordinary taxpayer cannot fill these forms without the help of professional tax consultants. They not only seek information regarding the income of taxpayers, they also seek information on expenditure and assets too. Re-introducing the Saral form will create more trust and when more people file returns, it will generate more revenue. The I-T Act is so complicated, it’s no wonder there are millions of tax cases in the courts.
Mahesh Kumar
New Delhi
What about kids?
One hails the Madras’s High Court’s decision making helmets mandatory from July 1 and the sale of helmets is on the rise. Though wearing helmets has been made mandatory for the rider and the pillion rider, we often see parents and their children on two-wheelers. Children too are equally vulnerable to accidents. Will manufacturers now start making smaller sized helmets for kids too?
The law is not clear whether it is mandatory for kids to wear helmets. The concerned authorities should kindly clarify.
TS Karthik
Chennai
Safety first
This refers to ‘In cash, not plastic, we trust’ by Sampathkumar D (June 29). The use of cash is very high due to the lack of trust in other payment methods. That’s why we use our debit cards to withdraw cash and transact in cash. Transaction charges are another reason we use cash; these charges need to come down a lot. Security is another big concern that prevents people from using cards..
The reality is we still don’t have a foolproof system for making these payment systems work. There is no biometric authentication before the transaction starts and no way to verify other parameters as to the geographical location of the card. All parameters should be verified before a payment gets authorised. When the consumers are assured of this, people will start making use of cards for payment.
CR Arun
Worrying business
Raghuram Rajan’s observation that we are slowly slipping into the kind of problems we had in the 1930s in our attempts to activate growth and the chances of a global depression is worrying. The reasons cited are the unconventional monetary policies of the US Fed, the ECB, lowering of interest rates to near zero levels and so on. .
The RBI would do well to throw light on advisable measures which could be taken by millions of common people all over India to prevent such a devastating occurrence or at least to lessen the intensity of the consequences if such a situation arises. The measures should be given publicity.
Jyotsna Prasad
Hyderabad
Deplorable
The mob which lynched a school principal after charging him with the death of two students after villagers found the students’ bodies in a pond adjacent to the school is a deplorable act.
The mob deserves to be chastised for taking the law into their own hands though the principal pleaded innocence. These are barbaric acts that must not be condoned.
NJ Ravi Chander
Bengaluru
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