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Income tax on profit

Guest (Querist) 17 February 2012 This query is : Resolved 
URCs are private ventures. Fine we all agree as our honorable supreme court has ruled that. What happens then. It makes profits on sale of goods appx 1500 crores from all the private ventures.What about income tax? Is it on permanent tax holiday as well. Should the Income tax be recovered for the past 50 years plus?
prabhakar singh (Expert) 31 March 2012
YES! WHY NOT?IT SHOULD BE..
Guest (Querist) 01 April 2012
Thank you for the positive response.A whopping 10000 crores of income is being accrued by the three services including CDA staff/est for running private ventures in the defence premises /inside the defence building (meant for safekeeping of military arsenals , stores and troops) in the forms of URCs( Unit Run Canteens eg CSD canteens, barber shops , cobler shops , beauty salons, restaurants,banks, ATMs, Nurseries for kids as well as plants , schools , colleges, golf clubs , malls and supermarkets etc etc).There are appx 4500 CSD canteens and tripple the numbers of other non-csd commercially run ventures on the defence premises.
All these profits , rebates , pagdi, commission are converted into non-public funds for supposedly welfare of the troops.
Dr Prasayat. J on behalf of 3 judge bench on a civil appeal No 3495 of 2005 has made all those commercial activities on the defence premises as private ventures.
No please tell me how do I approach and which authority to draw attention to this enormous tax evasion by the military commanders , the DRDO , the CDA , THE NCC DTE , the CSD for evading taxes.
Guest (Expert) 01 April 2012
I don't think you need to take extra pains, as the copies of judgments would already have reached the concerned Ministries of Law, Defence and Finance through the parties on prosecution side for taking necessary action on their parts.
Guest (Querist) 01 April 2012
CSD is a white elephant. It literally bleeds the govt of India which in turn collects money from the tax payers.
CSD is not only bleeding exchequers it has become a black money generator converting govt money into so called private funds held by public servants in uniforms.
URCs are not only the converting machines for the black money it is grossly misused in the name of celebrations 365 days a year.It helps generals to book Adarsh Flats.
New constructions in the name of accommodations for the sophisticated military arsenals are being used as supermarkets , malls , URCs, restaurants, clubs , banks etc etc by allowing commercial ventures to flourish. A mere Rs 5 per sq Mtr is recovered( decided by the Army bosses) and a rebate ranging from 1000 to a crore is charged by the military auth which is then converted into black money called private funds.
That CDA the watch dog , the premier audit auth is also corrupted by allowing them to run their own URCs for which they are not legible.
That this is more than 2G racket but our CAG is busy on presumptive losses.
That there was no rule to exempt non-public funds but concerned ministries of law , defence, finance, income tax have taken any action( the bureaucrats eat it too).
I would like to know how to prick the conscience those at the ministries of Law, finance or defence. Pl do help me .


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