Do Tax, Don’t Make it Tax­ing

The Economic Times - - The Edit Page -

This refers to the Edit, ‘Col­lect Tax But Don’t Ter­rorise Tax­pay­ers’ (Feb 14). High-value cash de­posits ag­gre­gat­ing .₹ 4.49 lakh crore are of crit­i­cal im­por­tance. It would be naïve to pre­sume that these de­posits were made with­out vi­able le­gal de­fence or prior tax con­sul­ta­tion. Re­sort­ing to stron­garm mea­sures can in­evitably lead to lit­i­ga­tion. Surely, there will be fur­ther ad­di­tions to the 3.9 lakh di­rect-tax lit­i­ga­tion cases, but it is also es­sen­tial for the na­tion that the his­toric op­por­tu­nity for max­imis­ing tax rev­enues is not wasted.

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