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  • News From Press Tax terrorism: collecting taxes and then some more

    Tax terrorism: collecting taxes and then some more

    Source: Livemint Aug 4, 2016

    The recent dispute between certain officers of the Income Tax Department and the Revenue Secretary have laid bare some unhealthy practices followed by the tax department in order to meet its revenue collection targets. It has been reported that an incorrect tax demand was raised on a large public sector bank, which was collected in the month of March. The demand was cancelled in the month of April, and the tax refunded thereafter. 

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