Discover and read the best of Twitter Threads about #indiantaxsystemneedsreform
Most recents (1)
1/ 🚨 Unjust Prosecution Alert! The Indian Income Tax Department tried to prosecute an innocent man for a small mistake of non-filing of return due to poor health and missing photocopies.
Is this the kind of treatment taxpayers deserve?
#TaxInjustice #UnfairProsecution
Is this the kind of treatment taxpayers deserve?
#TaxInjustice #UnfairProsecution
2/ Suresh Kumar Agarwal faced criminal charges for a 17-month delay in filing his tax return (AY 2013-14).
His defense?
The delay was due to death and missing photocopies of documents. Yet, the IT Department was hell-bent on prosecuting him! #InnocentTaxpayer #IndianTaxSystem
His defense?
The delay was due to death and missing photocopies of documents. Yet, the IT Department was hell-bent on prosecuting him! #InnocentTaxpayer #IndianTaxSystem
3/ Fortunately, the court saw reason! It ruled that penalties under section 271(1)(a) of the IT Act are quasi-criminal in nature and mens rea (criminal intent) must be established before a penalty can be imposed. #JusticePrevails #FairTaxSystem
