ITR form income from House or property, Schedule HP, deemed to be let out scenario - My opinion

The income tax ITR form as on date 1st July 2021 considers the non receipt of income or the house being vacant as house deemed to be let out.  In this the owners have to consider or declare in ITR as non income or non receipt of rental as income from property.  

The field ij in schedule up is added to the taxable income is not correct.  The arrears or unrealized rent cannot be considered as income received or realised by the tax payer.

Hence, such unrealized rent receivables is null or void hence such income can neither be considered as taxable income nor can be considered as loss for tax carry forward to be included in subsequent financial year.  This value is just a information to be provided in the ITR form but definitely can't be considered as taxable income as it is not realised in the book of records or accounts or in the hands of the tax payer.

Please, rectify this in the ITR(n) forms.

Addresses in PAN card or PAN database

The PAN card database should provide a provision to include multiple addresses or address of the PAN card holder.  In my case I own a house in Bangalore, my parents property is in Madurai and I presently Live in Chennai.  In case of adversity we always tend to go our Parents residence to live our rest of our life.

Hence, the PAN should consider multiple addresses ( self, spouse, parents, in laws) residential addresses also to be included in the DB.  The office address could also be a historical record but it's the residence address that should provide the flexibility include all these address (self, spouse, parents, in laws -owned or tenancy)...

This  allows the tax payers to file tax returns anywhere around the globe through their GPS coordinates location to select the present address, current place of residence to file tax returns with ease and with comfort.

Please also allow update of address in PAN database as part of tax filing or as part of the ITR workflow to enable smooth tax filing.

Hopefully the Government of India (countries) consider such practical scenarios or use case.

Tax Payment for property tax online via BSK website Karnataka

The online platform or portal from NIC for property taxes to be paid online shall include the following user cases,

Search property by Full Name, Mobile or Phone number, Individual Identity number, Tax identification number

Retrieve all property records from the repective corporation's or all States

The user selects all the records for which taxes are due

The user is requested for profile login using mobile or individual Identity number or via Tax identification number authentication

The user's can configure profile settings via mobile number or email id based login.

The selected records along with respective due amounts would be prepared for payment when the users clicks or select Pay Property Tax. 

The user would be asked for confirmation of the properties information, the total amount due, select the payment gateway and proceed with payment steps

The successful completion of payment shall send a message to the users mobile of the successful payment, display online HTML or PDF or open document format read only receipt file in Locale language or regional language along with English or any other language as per users preferences or choice.  The language choice could attract extra charges.

The subsequent login or search of properties Details would indicate the taxes paid or dues accordingly for all properties in the users name.

The users shall or can configure to store their receipts in online storage drive's like Digilocker, Google drive, Microsoft Drop box of their choice etc.

The users would be able to query properties records or receipts or dues online.

The receipts could be a consolidated report of properties taxes paid until the current financial year.

The receipts could also be a regular detailed report of properties taxes for each property as a Page (s) and shall display or the users could view or they could downloads on need to transfer to another system as the need may be.

The taxes due or option to pay via any payment gateway like GPay.  The GPay shall provide flexibility to store or fetch the details and auto pay or manual pay using its app. 

The user doesn't have to key in the properties information's again and again.... 

The payment apps or the portal shall consider Fexibility, ease of use and anytime, anywhere access, complete payment in 5 minutes,  and the receipts are stored and available for ever in the Data store or online cloud storage platform or driver's.

The properties Details can also be queries on behalf of family members based on Individual Identity number personal profile details to query common ancestral or family members properties to pay taxes online. This could involve extra authentication steps.

The properties once sold to a buyer then the properties Details ownership of the seller would indicate property sold or transferred or gifted. 

The portal shall provide a feature to share users experience or feedback or comments or suggestions or ideas through a online workflow or via a email ID.

These features are so common across all villages or counties, district's and hence the portal should be able to provide common framework or SDK for the district's or States to collect taxes uniformly. 

The taxes paid online would be transferred to the village panchayats account or to the district's corporation account based on the address of the property(taluk, ward number, village name or address).

The query texts, search results, payment, payment gateways information, passwords, pins in language specific numerical keys like Roman letters, reports, receipts all shall consider i18N, display of numerics as per locale language numerical pads, multilingual, users preferences based or on demand choice of languages, Calendar and date time as per locale language or regional language...

The receipts or reports mandatorily would include headers and footers.  That includes Property I'd, owner name, masked IIN, masked Tax identification number, masked mobile or phone number and so on...

The portal shall include a user or family specific or family ancestral dashboard for viewing, querying, payments, buying, selling, registrar registry entries, dues, legal status, historical records, get encumbrance, share encumbrance, change workflows on property for property development or extension or modifications to property in terms of additional floors and so on....

Hopefully, the NIC considers the above requirements or suggestions as well.

They could further enhance the feature considering the users perspective.

SIM card

The SIM card issued by the Mobile Companies could possibly consider the following aspects. 

The place of issue (district - place of purchase or issued) telecom Circle State, profession,/ Country / Association of Countries, Continent's, Planet as this could become parameter in the charges / taxes.

The movement of people across the state could attract more taxes or charges based of type of subscription sought, individuals, students, professionals, businesses, Government, Government staffs, tourists, visitor's, Sports personnel's, NGOs,Non profit organization, Entertainmet industry like cinemas and so on.

The charges could be one time place of issue, region of usage - default Circle and on the move roaming charges based on county, City, District, State, Country, Association of Countries, Continent's, regions, union territory Planet and so on...

Traffic guidance, monitoring, measuring, and control center

Is it time to invest in Traffic assets, infrastructure, live monitoring system, live guidance, measure, meters, sharing assets, inventory of assets, rentals, charges, revenues, maintenance expenses, SCADA monitoring system or control system, Traffic or roadways or traffic flow network, intranets network to monitor traffic by pokkuvarathu thurai.?

Such system would be real time, live, monitors the flow of traffic, reroutes, guides, identifies emergency, reports emergency events or reports incidents to nearest police station.  Helps in barricade or showing down traffic at each identified spots or border locations between districts and so on.. Each asset would be Smart asserts to monitor Traffic, trafficking can be intelligently interpreted, the traffic department would real time data with vehicles, online, via map like Google maps, to other departments like district police headquarters, Traffic police Hershey and so on .

The on field Traffic police would be enabled with special hardwares that could be laptops or SCADA panels or surfaces or embedded android panels or java embedded panels or Linux embedded panels or Apple Mac embedded panels in the traffic booth's to communicate with the district headquarters.

The Traffic police governance unit of the state government can further enhance this with more detailed or specific use cases.

i18N, multi lingual, voice, videos , audios, communication networks, private area networks, electricity poles, cameras, barricades, traffic control measures equipment's, all of them being Smart, roadways, railways, air routes, ship ways, underground tunnels, moutain tunnels,b revenues, public usage charges, etc.

What do we think or say about this idea or features?

einvites distribution

Please include a feature or use case to print einvites, send einvites mails to a distribution lists individually, and a map plan or set of driving guidance or directions, along with assistance in driving, Calendar appointment confirmation either side to ensure that the event inviters family is able to distribute the invitation optimally with in a given time frame... The map could conver routes around the globe.

Google Search Result host or viewer

Google search result set viewer that allows the result data to be viewed or hosted within Google search page or search result viewers..

The result set views can be

Tabular

Structural

Images

Photos

Videos

Songs 

Movies

Web pages

Media

Maps

Weather objects

Goe spatial objects

Documents

No sqls, SQLs for further subquerying result to get precise data or to viewer larger scope data

Standards

Databases

Office packages or documents

Trading

Training materials

Literatures

Archaeological data

Flora and fauna objects

Transactions

Finances

Vehicles

Registerations

Properties

Network objects

Designs or design objects

Blue prints

Xmls,jsons

Grid objects

Network nodes 

And so on

What do we think or about this idea or feature?

Google Photo's

Please include a feature to auto sort by keywords, auto label to categorize mails received or sent, to search the mails very effectively and efficiently like Google search or using Search query language.  The keywords can be auto picked by reading the subjects, headers, body, attachments, attachments headers, attachments footers important well known contextual words like insurance, policy, plan, invitation, warranty, pnr, Individual Identity number, tax, tin or Tan, photos, albums, account number, banks, statements, registrations etc.

Please include another feature to automatically move and a reference in the mail for all documents attached with the mails sent or received. Each of the document attached would be stored directly in our or users account(s) as rest API access or URLS or URI like references.  This feature again can use above keywords for searching mails and attachments.

The attachments search should also bring all relevant mails only.

For example a keywords search of insurance could result in mails and attachments or documents from our respective Google drive,

General insurance

Travel insurance

Vehicle insurance

Term insurance

Endowment insurance

Medical or Health insurance

Electronic insurance

Home 🏘️ insurance,

Crop insurance

Property insurance

And so on...

Such a feature could easily help users to subscribe to Google One account annually and regularly.

This helps the users to organise their mails, attachments, documents etc. In my perspective or view or opinion would be very handy feature.

What do we think or say about this idea or features?

Couple of features in Gmail that I would like

Please include a feature to auto sort by keywords, auto label to categorize mails received or sent, to search the mails very effectively and efficiently like Google search or using Search query language.  The keywords can be auto picked by reading the subjects, headers, body, attachments, attachments headers, attachments footers important well known contextual words like insurance, policy, plan, invitation, warranty, pnr, Individual Identity number, tax, tin or Tan, photos, albums, account number, banks, statements, registrations etc.

Please include another feature to automatically move and a reference in the mail for all documents attached with the mails sent or received. Each of the document attached would be stored directly in our or users account(s) as rest API access or URLS or URI like references.  This feature again can use above keywords for searching mails and attachments.

The attachments search should also bring all relevant mails only.

For example a keywords search of insurance could result in mails and attachments or documents from our respective Google drive,

General insurance

Travel insurance

Vehicle insurance

Term insurance

Endowment insurance

Medical or Health insurance

Electronic insurance

Home 🏘️ insurance,

Crop insurance

Property insurance

And so on...

Such a feature could easily help users to subscribe to Google One account annually and regularly.

This helps the users to organise their mails, attachments, documents etc. In my perspective or view or opinion would be very handy feature.

What do we think or say about this idea or features?

Global real time Gold or ornaments price

Is it time to define a global real time (at the fraction of second- Now()) pricing framework for ornaments, goods, products, travels, hotel stays, insurances electronics, Software, Courier's, posts, Electronic transactions, produces, rates, charges, taxes, tolls, user fees and so on?

Reserve bank 🏦 Realt time interest rates framework - Global reserve Bank frameworks

Is it time to build a real time financial transactions audit framework?

Is it time for Reserve banks to adopt or define a real time interest (repo rates, reverse repo rate, global financial entities rates, exchange rates, taxes, charges, for global audits, consistency, and transparency) open specification framework across the Globe?

@UnitedNations

Real-time audit framework

Is it time to build a real time financial transactions audit framework?

A real time audit framework is a open specification that ensures a value of transaction is in the books of records of an Entity and guarantees a complete balance sheet of that Entity at that specifics fraction of time of each transaction.