ANOMALIES & SOLUTIONS – INDIAN TAX SYSTEM
ANOMALIES & SOLUTIONS - INDIAN TAX SYSTEM BY CA A. K. JAIN Summary Since 1947, nearly one dozen expert committees, including the Kelkar Task Force, have persisted in giving totally wrong advice to the government due to their neglect of the most basic and fundamental problem of the system, namely massive tax evasion. Tax evasion continues to cause immense damage not only to the finances of the government but also to the economy of the country, because a major part of the tax evaded money goes abr...
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