Behind every successful man - there is the Income Tax

By Vijay Kumar

'Many say the secret behind a successful person is the spouse, but I feel behind every successful person, besides his/her spouse there is our department also', said Binoy Gupta, Chief Commissioner of Income Tax, Chennai. Mr. Gupta said that the elite who get high perks do not pay the necessary tax on the incentives. Most of them who avail of such benefits get away without paying this fringe benefit tax, he added while inaugurating a workshop. I mentioned the Chief Commissioner’s remarks to the proprietor of an SSI unit and he said, “Behind the death of every SSI unit, there is your excise department”