Results 1 to 9 of 9
    • Member Info
      • Native Language:
      • Hindi
      • Home Country:
      • India
      • Current Location:
      • India

    • Join Date: Nov 2014
    • Posts: 248
    #1

    Income tax assessment

    Income tax assessment for F.Y 2010-11 & 2011-12 are completed. No demand has been raised for FY 2010-11. For FY 2011-12, demand has been raised for Rs. 48 lac along with penalty demand of Rs. 7 lac for delaying in deposit of income tax.


    1. Is using delaying wrong? Should I use delay?


    1. May I use any one of the following:



    • Demand is raised
    • Demand has been raised
    • Demand has raised.



    1. In simple past we write: He left, He woke up at 8 AM etc. Similarly can't we write: Demand raised (Is it wrong?) I understand this is wrong but is there any particular reason?

    • Member Info
      • Native Language:
      • Chinese
      • Home Country:
      • Malaysia
      • Current Location:
      • Malaysia

    • Join Date: Apr 2014
    • Posts: 3,348
    #2

    Re: Income tax assessment

    It is not possible to understand what you have written as you use a lot of short forms. What is Rs 7 lac?
    What demand are you talking about? What has demand got to do with income tax assessment?
    Last edited by tedmc; 29-Jul-2015 at 17:02.
    I am not a teacher.

  1. Piscean's Avatar
    • Member Info
      • Native Language:
      • British English
      • Home Country:
      • Czech Republic
      • Current Location:
      • Czech Republic

    • Join Date: Jul 2015
    • Posts: 10,021
    #3

    Re: Income tax assessment

    Quote Originally Posted by tedmc View Post
    What is Rs 7 lac?
    We do not use 'lac' in BrE/AmE, but it means one hundred thousand in Indian English. 'Rs 7 lac' is '700,000 Rupees'.
    Last edited by Piscean; 29-Jul-2015 at 20:44.

  2. teechar's Avatar
    • Member Info
      • Native Language:
      • English
      • Home Country:
      • Iraq
      • Current Location:
      • Iraq

    • Join Date: Feb 2015
    • Posts: 6,196
    #4

    Re: Income tax assessment

    What does "demand raised" mean in that context?

  3. Piscean's Avatar
    • Member Info
      • Native Language:
      • British English
      • Home Country:
      • Czech Republic
      • Current Location:
      • Czech Republic

    • Join Date: Jul 2015
    • Posts: 10,021
    #5

    Re: Income tax assessment

    Quote Originally Posted by teechar View Post
    What does "demand raised" mean in that context?
    My ignorance of Indian English is embarrassing. I Imagine that if a demand has been raised, somebody has demanded something. Let's hope bhaisahab passes this way - he knows something about Indian English.

  4. Eckaslike's Avatar
    • Member Info
      • Native Language:
      • English
      • Home Country:
      • England
      • Current Location:
      • Wales

    • Join Date: Jul 2015
    • Posts: 574
    #6

    Re: Income tax assessment

    I think, Anil is sending a letter to demand tax from a tax payer. Is that right Anil?

    If that is the case I would actually do a slight re-write to something like this:


    "The income tax assessments for the financial years 2010-11 & 2011-12 are now complete. No demand for tax has been raised for the 2010-11 financial year.

    For the 2011-12 financial year, a demand has been raised for Rs. 48 lac, along with a penalty demand of Rs. 7 lac for late payment of income tax."


    I work in finance and that sounds and looks right to me.

    Does it keep the meaning that you wanted?

    • Member Info
      • Native Language:
      • Chinese
      • Home Country:
      • Malaysia
      • Current Location:
      • Malaysia

    • Join Date: Apr 2014
    • Posts: 3,348
    #7

    Re: Income tax assessment

    OK, you raise a demand for the tax you have overpaid - is this the accepted taxman's language? All I know is that one is entitled to whatever tax overpaid, which the tax department is obliged to refund you without you asking for it. I guess it varies from one country to another.
    I am not a teacher.

  5. Eckaslike's Avatar
    • Member Info
      • Native Language:
      • English
      • Home Country:
      • England
      • Current Location:
      • Wales

    • Join Date: Jul 2015
    • Posts: 574
    #8

    Re: Income tax assessment

    I'm sure you are right, tedmc, that it will vary from country to country.

    I think it's probable that the Indian tax system will probably be something similar to the British one, where companies and self employed people don't have to pay tax until a good period after the financial year has ended.

    Their tax obligations for that year are then assessed, traditionally by the government tax office which may still be the case in India, or via "self assessment" where the business, individual or their accountant works out the liability to tax and then submits this to the government tax office for checking and confirmation. It is only then that the tax office makes a demand for payment, as no tax for that year has been paid. Therefore, there is no question of a refund as they haven't paid anything yet.

    • Member Info
      • Native Language:
      • Hindi
      • Home Country:
      • India
      • Current Location:
      • India

    • Join Date: Nov 2014
    • Posts: 248
    #9

    Re: Income tax assessment

    Demand letter was sent by Income tax department to the assesse i.e. tax payer. The sentence and my question was:

    Income tax assessment for F.Y 2010-11 & 2011-12 are completed. No demand has been raised for FY 2010-11. For FY 2011-12, demand has been raised for Rs. 48 lac along with penalty demand of Rs. 7 lac for delaying in deposit of income tax.



    1. Is using delaying wrong? Should I use delay?



    2. May I use any one of the following:


    • Demand is raised (instead of has been)
    • Demand has been raised
    • Demand has raised.




    3. In simple past we write: He left, He woke up at 8 AM etc. Similarly can't we write: Demand raised…… (Is it wrong?) I understand this is wrong but is there any particular reason?


Similar Threads

  1. [General] Income tax
    By meela in forum Editing & Writing Topics
    Replies: 0
    Last Post: 22-Jun-2013, 09:04
  2. [General] Income tax
    By meela in forum Ask a Teacher
    Replies: 0
    Last Post: 22-Jun-2013, 09:04
  3. Income Tax Deduction email
    By helpmesir in forum Ask a Teacher
    Replies: 7
    Last Post: 09-Aug-2012, 17:39
  4. Wrongly Deduct Income Tax
    By helpmesir in forum Ask a Teacher
    Replies: 0
    Last Post: 27-Jul-2012, 06:36
  5. High Income versus Higher Income
    By patran in forum Ask a Teacher
    Replies: 5
    Last Post: 17-Feb-2012, 04:05

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •