There is no fake income as described KR On Wed, 25 Feb 2026 at 08:48, Yeddanapudi Markandeyulu < [email protected]> wrote:
> Instead of typing Sorry Sir,I typed Sotty Sir. > YMS > > On Wed, Feb 25, 2026 at 8:41 AM Markendeya Yeddanapudi < > [email protected]> wrote: > >> Sotty Sir, >> You are diverting from the topic.My point is fake income only based on >> bank deposits,not diverse tax evasions and frauds which actually obfuscates >> the real issue. >> YMS >> >> On Wed, Feb 25, 2026 at 7:45 AM Rajaram Krishnamurthy < >> [email protected]> wrote: >> >>> "Fake income" refers to the fraudulent practice of inventing or >>> inflating earnings on tax returns, loan applications, or financial >>> documents to illicitly obtain tax credits (like the Earned Income Tax >>> Credit), secure loans, or qualify for credit cards. This illegal activity, >>> often involving falsified pay stubs or documents, can lead to severe >>> penalties, including large repayments, interest, and criminal prosecution. >>> >>> Tax Fraud: Inflating or inventing income on tax returns to maximize >>> refunds. >>> >>> Loan/Credit Fraud: Stating higher income to lenders to qualify for >>> credit beyond one's means. >>> >>> Common Indicators: Documents with errors, unrealistic figures, or >>> missing details. >>> >>> Risks: IRS penalties, legal action, and potential identity theft issues. >>> >>> Unexplained Income >>> >>> This refers to income not disclosed in tax returns or not recorded in >>> account books, which the taxpayer cannot satisfactorily explain. >>> >>> Common Scams Involving Fake Income >>> >>> Refund Scam: Fraudsters send messages claiming a tax refund is approved, >>> urging users to click links or download apps to steal personal information. >>> >>> Fake Officer Call: Scammers impersonate tax officials, claiming fake >>> income or tax dues to intimidate victims into paying. >>> >>> HRA Fraud: Submitting fake rent receipts to claim deductions, which is >>> being targeted by AI-driven tax scrutiny. >>> >>> Preventive Measures >>> >>> Verify Information: Always verify the source of communication claiming >>> to be from the tax department. >>> >>> Use Legitimate Professionals: Ensure tax preparers are qualified and >>> reputable. >>> >>> Be Careful with Personal Data: Do not share bank credentials or personal >>> information on suspicious websites or apps. >>> >>> 2 IT IS STATED BY THE AUTHOR THAT WHAT WAS TAXED ONCE IS BEING >>> TAXED AGAIN; AND INFLATED INCOME IS FAKE INCOME; IF SO EVERY AMOUNT WITH >>> EVERY IND OR FAMILY IS ONLY A FAKE INCOME. IF INCOME TAXED ONCE IS >>> REMAINING IDLE AS IT IS ONLY NO ONE WILL TAX IT AGAIN; BUT WHEN YOU USE IT >>> AS INVESTMENT THE OUTCOME IS A NEWLY EARNED SO HOW IT WILL BE FAKE? YOUR >>> SON IS YOUR GEN; GRANDSON IS NOT? K RAJARAM IRS 25226 >>> >>> On Wed, 25 Feb 2026 at 06:45, Markendeya Yeddanapudi < >>> [email protected]> wrote: >>> >>>> >>>> >>>> -- >>>> *Mar* Fake Income and targeting the seniors >>>> >>>> >>>> >>>> It is reported that senior citizens who may not be filing Income Tax >>>> Returns, though they are getting the Fake Income called the interest on >>>> Fixed Deposits and interest on Savings Bank accounts, if the fake income >>>> exceeds Rs Twelve Lakhs per annum,will be taxed from the base of Rs Seven >>>> Lakhs and can be targeted, for tax evasion. These hapless people are to be >>>> targeted in their old age when they cannot afford to lose their life >>>> support---the fake income on their hard earned life savings for the crime >>>> of not entering the black economy and enjoying the tax free usurious >>>> interest. This interest which is always lower than the rate of inflation, >>>> making it often the minus income, shall be added to the taxable income to >>>> bloat the taxable income and if possible put the victim in the higher tax >>>> bracket so that his pension etc are over taxed. Of course that the >>>> inflation reduces the real value of the Principal amount is knowingly >>>> ignored. The so called income, interest on bank deposits is corroded by the >>>> inflation, in addition to the corrosion of the Principal. In very simple >>>> explanation, if the interest is ten percent and inflation is ten percent >>>> then the real income is nil. But the Principal amount loses another ten >>>> percent, creating a negative income of ten percent. But ignoring this, the >>>> so called interest income is added to the taxable income, bloating the >>>> total of the taxable income. This results in the over taxation of other >>>> incomes like pensions etc as the assessee, is put in higher income slab. >>>> >>>> Thanks to the population explosion, our population is expected to reach >>>> 250 crores, very fertile population by the year 2050, the price of land can >>>> only sky rocket. A piece of land costing say Rs one lakh, may in just one >>>> or two years double and within four years can increase to Rs Ten lakhs or >>>> more. But Fixed Deposits which are tied to an unchanging numerical figure >>>> get their real value wiped out as their real value falls along with the >>>> fall in the value of money relationally. There is an inverse relationship >>>> between bank deposits and real estate prices, the increase in the price of >>>> land the decrease in the value of the fixed deposit. >>>> >>>> So what is going to happen because of this very short sighted >>>> harassment? >>>> >>>> To conceal or to escape from the unjust income tax, on non income, >>>> people will buy up lands or gold. >>>> >>>> As the seniors can easily be victimized many will fall into the traps >>>> of the Real Estate Cheats who with the money collected from these gullible >>>> people will convert rivers, lakes, forests etc as places for illegal >>>> constructions. Trees and animals, birds and insects lose their habitats. >>>> One has to breathe poisonous fumes and eat foods that can cause genetic >>>> problems in the new borns.In fact this tax on fake income is a terrible >>>> assault on the future generations, many may be born with no hands or with >>>> more than two hands etc, as the net effect will be a murderous assault on >>>> nature.Today, nature is destroyed all the 24 hours of every day fuelled by >>>> black money.Forests,Rivers and lakes are converted into apartment >>>> complexes, the forests into furnitures. >>>> >>>> After all when the biosphere is destroyed we too will lose limbs, >>>> mainly the new borns. >>>> >>>> Honesty is losing habitat totally, leaving only the black economy. >>>> >>>> The black money holocaust is just like the oxygen holocaust of 2000 >>>> million years ago when the then life forms the anaerobes, the non oxygen >>>> breathing organisms were exterminated by the new poison oxygen to them and >>>> which are actually hiding in us now. Well, this tax on fake income is part >>>> of the Anaerobe Seva, for which oxygen in the atmosphere will be depleted. >>>> So welcome to the new emerging lords of Earth—the Anaerobes, who certainly >>>> will be thanking the tax on fake income. >>>> >>>> A biosphere –less and oxygen-less paradise is prepared for them. The >>>> new non-oxygen photosynthesis is being developed now for them---the carbon >>>> dioxide based spiritualism for anaerobes, for which they have been waiting >>>> for more than 2000 million years, may be doing the carbon dioxide >>>> Pranayama. >>>> >>>> From Jobless growth, to employee-less factories, to pilotless drone war >>>> planes, to soldier-less wars, to teacher-less digital class rooms, to >>>> feelingless mechanized understanding, the spouse-less family... the cause >>>> of the anaerobes is taken up with very earnest lunacy. The assault on bank >>>> deposits by including the fake income, interest on bank deposits, into the >>>> taxable income, is hastening the environmental doom. >>>> >>>> So in line is the income-less income tax---the income tax on Fake >>>> Income-the tax for the anaerobes. >>>> >>>> YM Sarma >>>> >>>> >>>> >>>> >>>> >>>> -- >>>> You received this message because you are subscribed to the Google >>>> Groups "Thatha_Patty" group. >>>> To unsubscribe from this group and stop receiving emails from it, send >>>> an email to [email protected]. >>>> To view this discussion visit >>>> https://groups.google.com/d/msgid/thatha_patty/CACDCHCL068wPP5DM58aXuc764u9j8Ecz3iykRk%2Bzc225kcdAjg%40mail.gmail.com >>>> <https://groups.google.com/d/msgid/thatha_patty/CACDCHCL068wPP5DM58aXuc764u9j8Ecz3iykRk%2Bzc225kcdAjg%40mail.gmail.com?utm_medium=email&utm_source=footer> >>>> . >>>> >>> >> >> -- >> *Mar* >> >> -- >> You received this message because you are subscribed to the Google Groups >> "Thatha_Patty" group. >> To unsubscribe from this group and stop receiving emails from it, send an >> email to [email protected]. >> To view this discussion visit >> https://groups.google.com/d/msgid/thatha_patty/CACDCHC%2B4vo0jnAkuu8PR8Pm0AC7r0E5ZQZoKviWMtoAPYSop_w%40mail.gmail.com >> <https://groups.google.com/d/msgid/thatha_patty/CACDCHC%2B4vo0jnAkuu8PR8Pm0AC7r0E5ZQZoKviWMtoAPYSop_w%40mail.gmail.com?utm_medium=email&utm_source=footer> >> . >> > -- You received this message because you are subscribed to the Google Groups "Thatha_Patty" group. 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