I am student .whether getting a PAN card will create any trouble to my familial income tax(or) income?
i am a student intrested in investing in share souk. so for that i involve the PAN card my press is whether getting the PAN card will create any Income duty problem to my family connections please convey me a correct one
Answers:
Not at adjectives. Getting PAN CARD does not invite any trouble. U enjoy to ensure that your income does not exceed taxable cut-off date i.e. presently Rs.1,10,000/- p.a. If it exceeds the constrain, u may stipulation to wallet return of income. If u r applying for more than Rs.1,00,000/- in any IPO or Rs.1,00,000/- share purchase any any point of time, it is advisable that u should database return of income. Pl register that getting PAN card does not create any icnome rates problem for your nearest and dearest.
In furtherance to above answer I would suggest you that you should not divert the income of your household extremity and invest it in any avenue. It should be your own money. You may go and get offering from any of your family circle beneficiary and it will be your money. If you divert their income in your moniker and/or their no.2 money and invest after you will be within trouble.
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Answers:
Not at adjectives. Getting PAN CARD does not invite any trouble. U enjoy to ensure that your income does not exceed taxable cut-off date i.e. presently Rs.1,10,000/- p.a. If it exceeds the constrain, u may stipulation to wallet return of income. If u r applying for more than Rs.1,00,000/- in any IPO or Rs.1,00,000/- share purchase any any point of time, it is advisable that u should database return of income. Pl register that getting PAN card does not create any icnome rates problem for your nearest and dearest.
In furtherance to above answer I would suggest you that you should not divert the income of your household extremity and invest it in any avenue. It should be your own money. You may go and get offering from any of your family circle beneficiary and it will be your money. If you divert their income in your moniker and/or their no.2 money and invest after you will be within trouble.