Make Bribes Payments a Legitimate Business Expense.
Otherwise , in the Balance sheet ( P/L ) where to enter Bribes and Other Corruption Expenditure.
Bribes Payment of Rs. 50, 000 should be made by A/c Payee Cheques.
First they Demand Bribes for which Cash- Black ( Non Balance Sheet has to be generated ). Then they blame Business men as " Chor '
Bribe Takers Should Include Bribe Income in their Income Tax Returns under the " Head " Income From Other Sources "and pay Tax on it.
If Corruption charges are made by cheques , no trader would generate Cash in Black.
Present times , for Business Men , are worse than under British Colonial Rule.
Britishers when they forced Indians for money , they called them RAI BAHADUR.
Present day , they call them CHOR.
Otherwise , in the Balance sheet ( P/L ) where to enter Bribes and Other Corruption Expenditure.
Bribes Payment of Rs. 50, 000 should be made by A/c Payee Cheques.
First they Demand Bribes for which Cash- Black ( Non Balance Sheet has to be generated ). Then they blame Business men as " Chor '
Bribe Takers Should Include Bribe Income in their Income Tax Returns under the " Head " Income From Other Sources "and pay Tax on it.
If Corruption charges are made by cheques , no trader would generate Cash in Black.
Present times , for Business Men , are worse than under British Colonial Rule.
Britishers when they forced Indians for money , they called them RAI BAHADUR.
Present day , they call them CHOR.
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| Jagbani http://epaper.jagbani.com/Jalandhar/news/07092013/page/4$1 |
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