What happens …?

What happens when, year after year your company deducts TDS and gives you a Form 16 end of year and you file your Income tax diligently?

Possibly 5 years down the line, you might get a mail saying there is Income tax arrears of so-and-so amount and asking you to approach your current assessing officer. You call one number, someone says they are not the right person and that you should call the office whose seal is on the returns, approach them with the right documents (TDS certificate for the year 5 yrs back) and clarify.

Recently i got such a mail for assessment year 2007-08 which is actually financial year 2006-07. I am excited at the opportunity of digging in my own history and uncovering documented evidence that 6 years back my company did indeed pay the taxes which they said they did.

Added later : And what if you don’t pay your taxes ? With enough luck and if you enhance your capabilities you might become a minister some day.

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This entry was posted in Musings.

One comment to What happens …?

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