The machinery of the Act was very simple, Except in very big cities, ice Calcutta, Bombay and Madras, there were hardly any whole-time Income-tax Officers. 'The work was done by the Land Revenue Officers as a subsidiary activity. 'There was no obligntion on individuals to furnish rutumns of income nor, consequently, any penalty for not doing 60. 'Tax' salaries and interest on securities was collected at source without much dif-foully. Nor was there much trouble about Joint Stock Companies, which, however. were compelled to send returns of profits, But the law did of lay down any rules og to. how Profits were to" be calculated, In to publish a ist of such persona In his office, all of whom, unless they objected "within 60 days, "became ipso facto liable to the tax. submission of income, Any assesses could petition the Collector against (Continued on page 213.)
Text read from the printed page and cleaned; old type leaves the occasional error.