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TMI Blog1896/1992.X X X X Extracts X X X X X X X X Extracts X X X X ..... ed to hold tax payers education programme(TEPs) in fora such as local associations of small traders, tailors, taxi drivers etc. Such TEPs will have to be organised primarily by CCITs and CITs who may also involve officers working under them. Care has to be taken that the TEPs are organised for the target group i.e. small retail traders, tailors etc. TEPs may also be held before organisations such as Chambers of Commerce, associations of lawyers, chartered accountants etc. in order to create a receptive environment for the new scheme. 2. Comments or clarifications on some questions and doubts which may be raised by small businessmen, alongwith important points of actions for the field officers are mentioned below:- 1. What are the salien ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ancial year in which, the income is earned. The statement-cum-challan has to be filed in designated banks alongwith payment of tax. There is no need to go to the I.T. Office for this purpose; g) the scheme will be in force initially for two assessment years i.e., A.Y's 1993-94 and 1994-95. 2. What is meant by the term "vocation" ? Vocation has been defined to include tailoring hair-cutting, washing clothes, typing, photocopying, repair work of any kind and other services of a similar nature. Other services of a similar nature would include vocations which are of the same genus as the ones mentioned in the definition, that is to say, vocations which do not require any substantial intellectual input. Illustrations of this would be perso ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... arately. A single line entry will be made at the end of the receipt scroll indicating the total number of such forms received and the total amount of such collection. The receipt scroll and the second copy of the form will be sent by the bank to the Computer Centre(CTU) where it should be classified under the head "0021-INCOME TAX-SIMPLIFIED PROCEDURE". 6.What happens if a survey team goes to a business premises and the owner of the premises shows evidence of payment of tax under the simplified procedure ? When a survey team comes across a tax payer who has paid tax under the simplified procedure, the survey team shall not ask any further question regarding the business or vocation declared in Form 4A. 7. Will the intensity of survey ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... person opting for the scheme should not have income exceeding Rs.5000 from any source other than the business or vocation. He may, for instance, have income from interest, house property, dividend, salary etc. This in the aggregate, should not exceed Rs.5000 even before making any deduction u/s.80L. From this aggregate amount, deduction u/s.80L will be allowed. 12. When should the provisions relating to reopening be invoked ? The provisions of reopening should be invoked very sparingly and in rare cases. The provisions for reopening has been incorporated in the Act only to take care of cases where it is found that the simplified procedure is being misused for perpetuating tax frauds. Such reopening can be done just on the basis of reaso ..... X X X X Extracts X X X X X X X X Extracts X X X X
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