They May Catch You — All About Income Tax Investigations, Searches and Surveys: Vinita Chopra; Vision Books, 24, Feroze Gandhi Road, Lajpat Nagar III, New Delhi-110024. Rs. 295.
There is a lot of information in the public domain about what are income tax searches and surveys, how these are conducted, what happens when a return is subjected to scrutiny, and what the penalty for concealment of income is. Some tax payers who have been subjected to these actions also have a fair idea of these things. But the information is either disjointed or available in a technical language by way of the bare Act, the rules, the case law, the commentaries thereon and on websites, which cannot be easily understood by the common taxpayer. The services of tax experts for guidance are available to only a few. Most people are ignorant of the fact that there is a constant flow of information about their financial transactions to the Income Tax department. The use of technology coupled with newly developed processes and reporting mechanisms has now made it possible to match these transactions with a taxpayer’s reported income. Detecting tax evasion is far easier now. The IT Department has the ability, powers, and technology to pierce through the maze of complex transactions. It is therefore necessary for taxpayers to understand that they can get caught and the consequences that follow could be quite harsh.
The author, who belongs to the 1975 batch of the Indian Revenue Service, had retired from the post of Director General of Income Tax in 2009. The foreword to the book says it aims at sensitising the public and dispels the idea that compliance of tax laws is optional.
The Book of 11 Beliefs: Shiva Subramaniam; Notion Press, 5 Muthu Kalathy Street, Triplicane, Chennai-600005.
The book, the author says, was inspired by people who believed in themselves. It is a self-help guide for those living in someone else’s shadow. It is meant for people who constantly compare themselves with other people and are disappointed with themselves. The book will provide answers to those who depend on others for their happiness. “To them, this book will provide the strength to live life on their terms.” The first part is the eleven beliefs, and the second part has notes and thoughts that help in understanding the beliefs, and the third part has exercises to help the reader “live the beliefs”. The author, a speaker on creativity and motivation, argues that these self-beliefs are weapons to protect oneself in life.