oppn parties Even Subtle Ways Of IT Department Lead To Terrorism

News Snippets

  • Allahabad HC said that the UP Police is acting as law unto themselves as they detained a person unlawfully even before his arrest
  • Kolkata witnesses traffic snarls on the first day of the Durga Puja festival as revellers start pnadal-hopping
  • Neha Bora was subsequently released and Dipke is to appear before a magistrate today at noon
  • Delhi Police detained Cockroach Janta Party founder Abhijeet Dipke, Neha Bora of AISA, student leaders and supporters ahead of a rally in Connaught Place demanding Chief Election Commissioner Gyanesh Kumar's resignation. The protest followed the detention and jailing of two CJP leaders earlier in the week over demonstrations at Jantar Mantar
  • The Reserve Bank of India is considering further monetary tightening to counter capital outflows and increase the cost of betting against the rupee, according to bankers and analysts cited by Reuters. The measures follow recent rate increases and steps to drain liquidity as pressure on the currency and inflation concerns persist
  • India directed oil marketing companies to stop diverting sugar-based feedstocks for ethanol production in the 2026–27 supply year, according to a new tender issued on Friday. The companies have invited bids for 11 billion litres of ethanol made from alternatives including corn and broken rice, amid concerns about domestic sugar supplies and prices
  • Finance Minister Nirmala Sitharaman said India's trade imbalance with China was growing sharply and attributed the problem partly to restrictions on Indian goods and services entering the Chinese market. China subsequently said it was ready to work with India to address mutual economic and trade concerns; India's trade deficit with China reached $69 billion in the first half of FY2026–27, up 27% year-on-year
  • Indian equity benchmarks extended their recovery on Friday, with the Sensex rising 413.66 points to close at 74,729.27 and the Nifty 50 gaining 148.80 points to settle at 23,146.15. Information technology shares, including Tech Mahindra, Infosys and TCS, helped lift the indices
  • India defeated Zimbabwe by four wickets in the opening women's T20 International in Raipur, taking a 1–0 lead in the three-match series. Deepti Sharma and Niki Prasad combined in an 82-run stand after India's top order collapsed, helping the hosts chase down Zimbabwe's total of 114 for five
  • Indian wrestler Komal won bronze in the women's 59 kg category at the Under-23 World Wrestling Championships in Las Vegas, defeating Kazakhstan's Viktoriia Khusainova 7–2. Fellow Indian Amruta Pujari advanced to the women's 72 kg final after recording two pinfall victories
  • Indian shuttler Jagsher Singh Khangurra secured a bronze medal at the BWF World Junior Badminton Championships in Cairo
  • The Supreme Court of India upheld the Bombay High Court's decision quashing the 2020 write-off of ₹8,415 crore in additional tier-1 bonds issued by Yes Bank (Yes Bank). The court ruled that the bank's administrator lacked the authority to extinguish the bonds under the final reconstruction scheme, strengthening bondholders' claims
  • The Supreme Court issued notices to the Election Commission of India, Delhi Police and opposition leaders, including Rahul Gandhi and Akhilesh Yadav, in separate petitions concerning electoral-roll revision and protests held in Delhi on October 10–12. The court also directed the preservation of CCTV footage linked to allegations of police excesses
  • The Supreme Court ruled that a person converting from Hinduism to Islam cannot automatically claim backward-class reservation benefits in the new religious community solely on the basis of their previous caste status. The judgment upheld the Madras High Court's decision striking down a 2024 Tamil Nadu government order that permitted such certification for specified communities
  • The Election Commission of India ordered a Special Summary Revision of electoral rolls in 14 states and three Union Territories, using January 1, 2027, as the qualifying date for voter eligibility. The draft rolls are scheduled for publication on November 12, claims and objections will be accepted until December 11, and the final rolls are due on January 4, 2027
Delhi HC refuses to ban CJP's Tiranga rally at Central Park in Connaught Place today /////// Police says will control and regulate it /////// NDMC closes the park for the public on Friday and Saturday
oppn parties
Even Subtle Ways Of IT Department Lead To Terrorism

By A Special Correspondent

Has the government or the ruling party instructed income tax officers to ask businessmen not to talk about tax terrorism? Or are such officers doing it of their own volition in order to prevent the department from getting flak in the wake of allegation of tax terrorism being one of the reasons of CCD owner VG Siddhartha committing suicide? Whatever is the reason, and irrespective of the truthfulness of such allegations, tax officials or no one else has the right to issue veiled threats to anyone. The biggest mistake these officials did was to tell this to an upright person like Kiran Mazumdar-Shaw, the CMD of Biocon Ltd and the chairperson of IIM, Bangalore. She promptly informed about the incident to Mohandas Pai, former director of Infosys. Pai is known to speak his mind and usually supports the good initiatives of the Modi government. But this time, in an interview to NDTV.com, he categorically said that that tax terrorism is a fact and the government has failed to stop it despite its promise to end it.

So what is tax terrorism? The dictionary defines terrorism as 'the unlawful use of violence and intimidation, especially against civilians, in the pursuit of political aims." If we tweak it to say "use of intimidation through power of authority and hazy provisions of law, against taxpayers, either to meet unrealistic tax estimates or to force taxpayers to pay bribes to settle cases" we would have defined tax terrorism. This is not to say that it is not used as a political tool. Many times, politicians belonging to the opposition parties and their associates, the so-called politically exposed persons, are raided by the tax authorities, in order to either silence them or make them support the ruling party.

Tax terrorism is not only related to raids though. Tax officers are known to visit premises of taxpayers and 'request' them to deposit more advance tax and show more income. Despite filing of online returns, random scrutiny cases have become tools to harass the taxpayer where massive additions to total income returned are done by officers. Long term capital gains is one such head of income that is currently the hot favourite for addition. Difference in valuation of shares in another favourite. Business expenses shown are another area of contention. Officers often do not acknowledge even the documents submitted as proof and tell assesses to file appeals. One thinks that this is because they fear that if they do not show results that increase tax revenue after scrutiny, they might be marked as corrupt, as persons who took bribes from the assessee to let him off. But this is leading to unnecessary appeals to IT commissioners and appellate tribunals and most big cases then land in the courts. The department is drowned in a flood of litigation which can be avoided if the officers are not so inflexible at the time of scrutinizing the returns.

Then, there are no clear rules for attachment of property, shares or bank accounts. Different officers issue orders for attachment at different stages of a case. There must be a fixed timeline which the officers must adhere to when making such attachments. For, while it might be necessary to attach property or bank account for the purposes of recovering tax, it has to be done at a time when it becomes clear that the assessee has exhausted most of his legal options. If the case comes up in courts, they are nowadays many times insisting upon the taxpayers to first deposit the disputed amount in an escrow account. That would serve the purpose better. The tax department has to be taxpayer-friendly. The finance minister has said that a faceless scrutiny system will be adopted soon and the taxpayer will not have to meet officers. Even the officers will be selected randomly and do the scrutiny from remote locations. That might reduce instances of tax terrorism.

Pic courtesy: rediff.com