Monday, October 2, 2017

Form factor

Form factor: Why taxmen want you to fill out more forms...


"It is becoming clear that in the next years taxpayers would need to spend enormous amounts of time in complying with innumerable forms and providing a lot of information in both direct and indirect taxes. ...."
Obviously, this marks a 'paradigm shift back', by the North Block, in a limited sense- that is, from the most enticingly pursued idea of 'substance', to "form' ; only future experience will show/prove whether or not, or to what extent the innumerable forms , -grieved against by the learned professional-writer, - requiring to provide a lot of information, are with substance, and serve any purpose !
A word of caution: Even according to a tentative scrutiny, in the matter of mandated compliance, what appears to have been grossly over-sighted is the factor of 'mortality' of 'taxpayer' - governed by 'providence' ; and providence alone !
TAIL Note: The 'supersonic' speed in which taxpayers- direct and indirect, natural or any other 'person' , alike- are increasingly mandated to comply with/face such 'legislative anarchy' of the kind- to borrow the thoughts (BUT WITH A CHANGE) of a renowned lawyer of our own times- taxpayers are no longer left with any incentive to live (except to, perhaps, IF SO pre- ORDAINED, EXIT from the stage) !

Not UNrelated Indeed: 
 

 Sporadic:
The sum up under 'CAUTION' , it appears, suggests that this is one of those odd instances in which, the commonly understood differentiation between the concepts of 'the RULE' and 'exceptions' thereto becomes suspect / is endangered. On that premise, the equally recognized age-old saying- compliance with, as a rule , rather than by exception, itself , gets obliterated /fades into insignificance . This, yet again, brings to surface one's own grave doubt as to what the conventional belief -" Law is an ass" purports to really mean/ convey. Also that, despite the utmost care being taken in drafting /structuring any enactment or document, the scope for interpretation of it, especially if taken to court for judicial adjudication /verdict,remains unlimited!
TAIL Piece (in a jugular vein)
".In the words of Mr Geoffrey Hobbs QC the Rule is like a veil. However, it’s a transparent veil.'
Instantly comes to mind a series of attempts lately made by the 'North Block' , but still struggling with,- in trying hard at piercing or lifting the 'corporate veil'; in short, the ongoing controversy in tax administration , on Form X Substance.
Conceptually, of course, those are of two types- one that covers or obscures the 'reality' behind, and another, a fancy fine netting worn, with no intention to hide.. Presumably, what the QC had in mind was the latter type.
CROSS refer: the previous Post wprt http://www.thehindubusinessline.com/…/in…/article9883482.ece

- that depicts the serial - the tryst the tax gatherer is zealously stuck in or with as if that were the  'destiny' ! <> May EDIT/share MORE !

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