Summary
- A thought experiment explores how Income-tax adjudication could mirror the detailed processes of GST, highlighting seven imaginary scenarios that illustrate potential challenges.
- These scenarios include issues like TDS mismatches, exempt income disallowances, and extensive verification for refund claims, emphasizing the burdensome documentation required.
- The article distinguishes between adjudication and audit, noting that excessive scrutiny could blur the lines between resolving disputes and conducting audits.
- Ultimately, it underscores the complexities that could arise if Income-tax assessments adopted a GST-style verification approach—thankfully remaining a mere thought experiment.
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