Hide and Seek
The wealthy would never tire of tax games, but with the growing use of data-driven analytics and sophisticated audit tools, it is becoming easy to connect the dots
There are various ways of camouflaging one's income to avoid paying taxes. The easiest way out is to be a part of the informal/cash economy and stay under the radar of the Income Tax (IT) Department. On the other hand, many taxpayers do not make a full and true disclosure of their taxable income. Bigger businesses might be filing IT returns but they are not disclosing their real income either. The most common way of doing
