In order to work a Income Tax department. Must be able to turn you upside down and shake you until they have got the money you owe them. They can spy on your account, to follow how money are flowing in and out. They may indeed question your income. But they will only do so if they suspect you are trying the cheat on them. They will not have such intentions regarding normal taxpayer. It is quite normal that the police use the Income Tax department as a mean to bring criminals out of business or lock them in.So tell me...what kinda power will a Income Tax department have.
Can they spy on ur account?
Can they question on ur income?
things like tht..
and do they have the power to take legal actions?
That's good. That law shud be here.In order to work a Income Tax department. Must be able to turn you upside down and shake you until they have got the money you owe them. They can spy on your account, to follow how money are flowing in and out. They may indeed question your income. But they will only do so if they suspect you are trying the cheat on them. They will not have such intentions regarding normal taxpayer. It is quite normal that the police use the Income Tax department as a mean to bring criminals out of business or lock them in.
So tell me...what kinda power will a Income Tax department have.
Can they spy on ur account?
Can they question on ur income?
things like tht..
and do they have the power to take legal actions?
Yeah, the really bad part about it is it the new 50% rate, and the way "value" is assayed.a very touchy subject for many families
the death tax as it has become called, has elderly people at life's end with an inheritance to leave behind contemplating forms of suicide to die before years end to avoid the burden on their loved ones left behind.
sad state of affairs for such a wonderful country.
The short answer is Yes.Can they question on ur income?
by Jake Hertz
by Duane Benson
by Jake Hertz
by Aaron Carman