Sunday, July 13, 2008

The most common myth about Tax

-I don’t need PAN





-I have PAN. My Wife does not need a PAN.



-My Income is not taxable, I don’t need to file return.



-If I have a PAN,I have to file return



-If I file for a year, I have to file it every year



-I don’t have income/I am a Housewife, I don’t need to file a return



-I filed return once, that’s enough



-If I file return, I have to pay tax



-For Filing return I need a C.A. or Tax Consultant



-For Salaried people, Salary is the only Income



-I have a small Shop/Business. I don’t need to file return.



-My only income is Bank Interest, I don’t need to file return



-I am a senior citizen,I don’t need to file return.



- Hindu Undivided Family-what is that?



Watch this space for more details,



Thanks

Mohar :)







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