Comments on: Simple Tax Regime, Simple Tax Structure, FBT & CTT abolished, Lawyers to pay Service Tax, Corporate Tax remain Unchanged http://www.etaxindia.org/2009/07/simple-tax-regime-simple-tax-structure.html Wed, 21 Dec 2011 14:09:15 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Dr.Arun Kumar Sinha http://www.etaxindia.org/2009/07/simple-tax-regime-simple-tax-structure.html#comment-55 Dr.Arun Kumar Sinha Sun, 16 Aug 2009 03:10:33 +0000 http://etaxindia.org/?p=204#comment-55 Opinion on tax structure and slabs are immaterial. The process should be simplified not the the form to be filled should be simplified. Assessing officer should not and must not enjoy Judicial as well as executive powers. The judicial power must be stripped from them same way as it was done by Late Mrs. Indira Gandhi by stripping IAS officers of judicial powers in 1972. Also govt should clarify what was the basis and parameters of adjudging exemption limits. Opinion on tax structure and slabs are immaterial. The process should be simplified not the the form to be filled should be simplified. Assessing officer should not and must not enjoy Judicial as well as executive powers. The judicial power must be stripped from them same way as it was done by Late Mrs. Indira Gandhi by stripping IAS officers of judicial powers in 1972. Also govt should clarify what was the basis and parameters of adjudging exemption limits.

]]> By: INTENSIVEKS http://www.etaxindia.org/2009/07/simple-tax-regime-simple-tax-structure.html#comment-38 INTENSIVEKS Thu, 13 Aug 2009 11:09:13 +0000 http://etaxindia.org/?p=204#comment-38 Does the "Simplified Tax Code" have simplified "EXCESS TAX PAID REFUND SYSTEM" for automatically CREDITING the BANK ACCOUNTS OF ASSESSEES? Will the FM "guarantee" that all those assessees claiming IT REFUNDS for earlier periods (not having received the same for over 7-8 years)??? Will the nex DIRECT TAX CODE so hyped by the FMinistry do the needful for this problem faced by individual Tax Payers? Why not make a mandatory WEB-SITE and email for ALL IT-REFUND CLAIMS to be compulsorily RESPONDED by the GOI FM??? Does the “Simplified Tax Code” have simplified “EXCESS TAX PAID REFUND SYSTEM” for automatically CREDITING the BANK ACCOUNTS OF ASSESSEES?
Will the FM “guarantee” that all those assessees claiming IT REFUNDS for earlier periods (not having received the same for over 7-8 years)???
Will the nex DIRECT TAX CODE so hyped by the FMinistry do the needful for this problem faced by individual Tax Payers?
Why not make a mandatory WEB-SITE and email for ALL IT-REFUND CLAIMS to be compulsorily RESPONDED by the GOI FM???

]]> By: Dharm Pal http://www.etaxindia.org/2009/07/simple-tax-regime-simple-tax-structure.html#comment-30 Dharm Pal Thu, 13 Aug 2009 06:07:18 +0000 http://etaxindia.org/?p=204#comment-30 Correction: The tax saving by the upper class will be 1.20 lacs. Correction:

The tax saving by the upper class will be 1.20 lacs.

]]> By: Dharm Pal http://www.etaxindia.org/2009/07/simple-tax-regime-simple-tax-structure.html#comment-29 Dharm Pal Thu, 13 Aug 2009 06:05:05 +0000 http://etaxindia.org/?p=204#comment-29 Once again it is proved that tax relief are provided to the upper class only. Person earing above 3 Lacs will be saving 1.90 lacs whereas person earing below 3 Lacs have to pay the same amount of tax. The minimum threshhold limit should be increase. Once again it is proved that tax relief are provided to the upper class only. Person earing above 3 Lacs will be saving 1.90 lacs whereas person earing below 3 Lacs have to pay the same amount of tax. The minimum threshhold limit should be increase.

]]>