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Q.

If suppose VDIS introduced now, Can we expect good result?

Tags: money, education, entertainment
Asked by hitler, 03 Jun '10 09:20 am
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Answers (1)

1.

If we mean amount of Tax by way of Disclosures Yes it can fill the coffers based upon the 1998 experience which brought more than 100 billion in to the Govt's Kitty, but it may not be the desirable thing to do because the Honest Tax Payer feels cheated due to this.Those who got penalized for petty violations of inadvertent failures of disclosures may be encouraged to hold on proper disclosures awaiting amnesty in future.
Answered by subhash tiwari, 03 Jun '10 09:38 am

 
  
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Lesser response... already Tax rates es are so well favorably placed, why to take risk of Badnaami nd future harassments...more

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