The Quint has accessed a sensitive document prepared by the Income Tax (I-T) department which reveals incomes declared by some big industrialists in India. Since individual tax data is highly classified and privileged, we shall not be revealing any names.

However, some of the details in these documents are bewildering, and prove how porous and malleable our tax laws are. Most egregious of all is the shocking instance of the wife of one of India's biggest business tycoons – like several industrialists’ wives, she too works in the fields of health and education – who paid a mere Rs 25,229 as Income Tax for the Assessment Year (AY) 2013-14. The Total Taxable Income declared by the lady is Rs 4,44,940.