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Why do we use the word RETURNS for our Income tax details submitted ?
The answer lies in the situation prevailing in British India in 1860.
Before
the Revolt of 1857 , East India Company officials were most corrupt.
East India Company's Rule ended in 1858 , after the Great Revolt ( First
War of Independence of 1857 )
In
the Reforms introduced by the new British Crown administration,every
British official RETURNING to England had to submit details of the
property he had acquired during his stay in India ( Hence , the word
RETURN )
Robert Clive ,
Warren Hastings had acquired millions by looting Indians ( Back in
England , they were derisively called "NABOBS
4 comments:
very nice article.
helpful for us .
nice blog
this is really good
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