On 19-Jun-2011, at 2:14 PM, ss <cybers...@gmail.com> wrote:
> On Saturday 18 Jun 2011
>>
>>
>
> Er chillax.
>
> Every person who does not have tax deducted from his cheque at source is
> given
> a list of thins he can claim against tax. The right thing to do is to make
> the
> claim. That is the sensible thing to do. It may be disputed. If it is
> disputed
> and you lose - you pay the tax. If not you get a refund. It;'s that simpl.
> There no immorality here. Any accountant who helps you with tax returns will
> tell you that.
>
There is another angle to it. The more favorable tax rate for artists is on the
principle that artists have a shorter earning span and therefore, deserve
special treatment. However, the same principle should apply to sportspeople as
well. It is another matter that Sachin has broken that record (presumed
longevity) as well!
Regards,
Nandkumar
