Income tax department closely monitoring car purchases in India

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In a recent issue of Moneylife a reader, who is getting a salary, has posted a query saying that he purchased a car of Rs 11 lakh, paying cash from his savings and found that the amount was included in his form 26as and he was expected to pay tax on it . Usually for most salaried persons, the form 26as only includes the tax deducted by their employer and interest income from banks and other sources. The person posting the query claimed that he had paid the cash from his savings from salary

This incident clearly indicates that the income tax department is closely monitoring the sales of cars, especially expensive cars costing more than Rs 5 lakh. Then without sending a notice to the car buyer they are automatically adding the amount to the income of the car buyer and asking the person to pay taxes while filing income tax returns.

So it is highly dangerous to purchase a car paying cash, it is better to pay by cheque and use cash only for incidental expenses related to the car like registration, accessories and similar low value purchases.

Mercedes-AMG GT R

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Mercedes-AMG GT R advertisement in Times of India, Goa on Thursday August 14, 2017, last page
The advertisement had very little information about the product being sold, they mentioned that potential buyers should get the product brochure
The ad described the car as “beast of green hell”
Handcrafted by Racers
AMG GT R conforms to Bharat Stage IV emission norms
According to a feature on zee business program, the top speed of the car is 318 km/hour. Goa has a large number of tourists from all over india, during holiday weekends like August 14-15 2017, and it is observed that most hotels are having times of india as the paper for their customers.

Goa dealer: Counto motors, Porvorim, Bardez, Goa

Kindly note that 10 R&AW, CBI, indian intelligence employees faking a btech 1993 ee degree like goan sex worker slim sunaina chodan , siddhi, cheater housewives veena, nayanshree hathwar, riddhi nayak,, naina, asmita patel, ruchika king and others are not associated with the website as they do not pay any expenses, do not do any work online , yet are allegedly making fake claims since 2010, to get a monthly indian government salary at the expense of the domain investor, google competitor in a case of defamation like the vishal sikka infosys case.

Specifically bengaluru shivalli brahmin R&AW employee nayanshree hathwar who has looted the domain investor of more than Rs 1.1 lakh is not connected with the website in any way at all. Anyone who is interested in helping the broke domain investor subjected to a major financial fraud by the indian government, cbi, ntro, google, tata since 2010 can send an email to info@textads.in

Google competitor tortured while taking driving lessons, her savings stolen

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Large companies like google, tata have developed a unique way of ensuring that google competitors do not learn driving in small towns where there is no public transport. They are allegedly bribing the local intelligence, security , ntro employees to stalk and torture the google competitor when he or she is taking driving classes with microwave radiation weapons causing very great pain, memory loss and a severe headache. The person taking the driving classes cannot escape those torturing her because he or she has already paid a lot of money to the driving school and the route of the car has been fixed by the person taking the driving classes.

In Panaji, goa, taking driving classes, is the ideal opportunity for the cruel animal like security and intelligence agency, ntro, employees to mercilessly torture a google competitor, domain investor to cause great pain, memory loss, headache. In other instances, when the victim is experiencing pain, he or she can immediately flee the area, making it difficult for the government employees to torture her further.

However while taking driving lessons, there is no flexibility, the person learning driving has to drive the car on the same route, for at least an hour, all the sex animal government employees in panaji, to inflict great pain, memory loss in 2012. The pain was so great, that the effect of the torture remained for more than 24 hours and allowed security agencies, cbi to steal the retirement savings of the domain investor without a court order or legally valid reason

BRAHMIN cheater R&AW employee nayanshree hathwar falsely claims to write car content, to get salary

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The domain investor had registered some car, auto related domain names and the cunning fraud ntro employee puneet falsely claimed that his well connected shivalli brahmin girlfriend nayanshree hathwar , a lazy fraud was providing the content to get nayanshree a R&AW job at the expense of his classmate.

In reality the fraud R&AW employee nayanshree has refused to reply to the obc single woman engineer she cheated, since 2012 , yet the shameless cunning puneet and his associates, continue to abuse his powers, mislead people with his fake claims , to defame, the domain investor and deny her the income and opportunities she deserved.

In the united states, slavery was abolished after the civil war, however in india in 2017, google has bribed ntro, raw , indian government to make indian citizens slaves, working for free so that google, tata can make more profits and the lazy greedy mediocre relatives, friends of top officials get a monthly government salary for falsely claiming to own the paypal account of the google competitors who are made slaves by ntro, google, tata and the indian government

In 2017, R&AW employee nayanshree is only looking after her home and family, does no work online, yet the fraud ntro,cbi employees continue with their great content fraud which started in 2010. Why are section 420 fraud google, tata, ntro employees giving credit and a salary to the brahmin cheater nayanshree hathwar, when it can be legally proved that she is not investing any money online.

Due to google, tata online fraud, car rentals are more lucrative than an online business in goa

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Due to google, tata’s great online financial fraud on a domain investor and google competitor since 2010, the google competitor is doing all the work, invests all her money finds that in addition to blocking all her payment, google, tata are ensuring that everyone who is defaming, cheating, betraying and exploiting her , is getting an indian government job for impersonating the domain investor and google competitor
So the google competitor is making very less money online because google, tata and indian government have made her a slave so that top indian government,NTRO, CBi employees can enjoy FREE SEX with lazy greedy google, tata supplied goan prostitute R&AW employees slim goan obc bhandari slut sunaina chodan, sidhi, get a monthly salary for their mediocre lazy greedy fraud relatives and friends like riddhi nayak, nayanshree hathwar, veena,
In contrast driving a vehicle , especially a car is very lucrative in goa, because car owners can fleece the millions of wealthy tourists who flock to goa. Many of the tourists have plenty of black money, which they cannot easily spend in their home state, because of the increasingly high levels of surveillance by the income tax department, which is closely monitoring people who lead a lavish life and sending a notice or adding the amount to their income.
So the car owners and drivers are charging the tourist as much as Rs 3000 a day for renting the vehicle, allowing the vehicle owner to make Rs 90000 or more a month, or more than Rs 10 lakh a year for a single vehicle , Many car rental firms have more than 1 vehicle, often 3 or more vehicles so they have revenues of Rs 30 lakh or so , for a relatively small investment.
In the goan newspapers there was ad which promised car owners/drivers a minimum of Rs 2000 a day for providing a car with driver , so instead of an online business, where leads, orders are stolen by corrupt ntro employees, it is better to start a car rental business in goa

Potential car buyers

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The car manufacturers are mainly targetting the wealthy indian government and other employees, well connected business owners, professionals with advertisements in the newspapers, magazines and on television.

The car advertisement on television will usually show a good looking couple or group of well off people driving the car and enjoying themselves as only these people can afford to purchase an expensive car, most other indians are only using public transport as they have very less money to spend.

The print ads are more like car brochures , though the content of the ad will vary depending on the advertising agency. Some of the ads are providing comprehensive information, others especially for high end cars like Mercedes benz only have photos.

People without parking space should not purchase cars

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As indicated earlier the google, tata sponsored Fraud cbi employee eighth standard pass gujju housewife naina is parking her light blue car 8989 in front of the house of the google competitor, domain investor as part of an elaborate real estate fraud in panaji, goa.
The google, tata sponsored cbi employee fraud housewife naina has a very big house, with plenty of parking space, including the area inside the gate and outside the gate on the footpath in front of the house, yet she is insisting on parking the car outside the domain investor’s house.
The domain investor has questioned the housewife naina repeatedly as the domain investor cannot enter her house easily because of the parked car of the cbi employee naina, however naina is very good at making up fake stories to avoid parking the car in front of her house.
At one time, naina said that coconuts were falling on the roof of the car damaging them
In another case, she said that it was difficult to take the car out of her compound because of her heart problem
In the third case, she said that their neighbours are finding it difficult to remove their car when they park it in front of the house, so she is parking it elsewhere
If they cannot afford or find parking space, why are cbi employee naina and her family purchasing another car, why not sell it off?
They also have multiple scooters, a big green SUV, bicycles

Though she splurges on hairstyles, hair colors, clothes and shoes , google, tata sponsored goan obc bhandari R&AW employee sex queen sunaina chodan, who also falsely claims to own websites of the google competitor, impersonates the google competitor , has not purchased a car till date

Depreciation and purchase of car

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One of the factors which many small business owners and professionals consider while purchasing a car is the depreciation that they are allowed depreciation on the car, which they can write off as a business expenses. If the professionals or business owners did not own a car, they would have to spend money for conveyance which they can write off as a business expense.
So many cars are purchased in september and march so that the business owner can avail of depreciation as the financial year for tax purposes ends in March of every year. The depreciation for a car which is purchased in March will be the same as that for the car which is purchased in October of the previous year. So car advertisers are often advertising more in March and September , hoping that car buyers finalize the purchase
In addition to depreciation there are many car related expenses like car insurance, maintenance expenses, fuel charges, parking space.

Underage sons of CBI employee semiliterate gujju housewife naina, regularly drive car, breaking traffic rules

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The indian and goan government, security agencies are justify the resume theft of an experienced engineer and domain investor for the google, tata sponsored cbi employee eighth standard pass gujju housewife naina, mother of two sons in panaji, goa , saying that they are very patriotic,honest and concerned about security, However they are ignoring the fact that financial records will prove that the fraud cbi employee naina, with a nose stud, has never invested any money online, and has never made any money online as she has not even operated a computer in her life.
Another example of the double standards and hypocrisy of the ntro, cbi, security agency employees is the fact that the teenage sons of cbi employee naina are regularly driving a car in panaji, goa, flouting traffic rules.
Though it is proved that a majority of accidents are caused by teenagers and young drivers, the security agency employees in panaji, goa are regularly ignored the repeated traffic violations by cbi employee semi literate housewife naina’s sons

Maruti Suzuki car ads, google, tata sponsored panaji pampered prostitute R&AW employee sunaina and NTRO employees

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Though Maruti Suzuki is one of major car manufacturers and advertisers of cars, no cars of maruti and datsun will be featured extensively on the websites because the fraud NTRO employees receiving SEX bribes from lazy greedy google, tata sponsored panaji pampered prostitute R&AW employee sunaina chodan 2013 bsc have been allegedly duping all companies in goa that the lazy greedy goan sex worker supplied to them by google, tata is doing all the work online, especially for wordpress blogs to get the lazy greedy google, tata sponsored panaji pampered prostitute R&AW employee sunaina a monthly R&AW salary at the expense of the domain investor, google competitor who is actually paying the website expenses and doing most of the related work.
The sundar pichai led google has been extremely vicious in defaming a google competitor, with a better 1989 jee rank than google ceo sundar pichai, putting her under surveillance and then falsely claiming lazy greedy frauds like google, tata sponsored panaji pampered prostitute R&AW employee sunaina chodan, who have no savings of their own, and do no work online, own the domain names, websites and paypal account of the google competitor.
Additionally voice to skull technology is being used by the fraud NTRO employees having sex with goan R&AW employee sunaina that they are duping people that sex worker sunaina, a lazy fraud is doing work online, when financial records and surveillance will prove that google, tata sponsored panaji pampered prostitute R&AW employee sunaina has never done any work online, her only connection with the indian internet sector is having sex with powerful top ntro, other officials , who then falsely claim that the sex worker has the resume, investment, paypal account of the google competitor, to get a monthly salary at the expense of the broke google competitor, domain investor.
Why does google, tata sponsored panaji pampered prostitute R&AW employee sunaina not open her own paypal account and make her own money spending her own time, why falsely claim to own the websites, domains, paypal account of a harmless google competitor.