22 July 2009
Is it necessary for a person obtaining PAN card to file return? if not then when will he be liable to file return? Provided he doesnt earn anything(before and now also).
22 July 2009
If the PAN holder is an indivisual, it is not necessary to file IT return, unless, the Gross Total Income(ie. income before allowing deduction under chapter VIA), exceeds the nil rate slab.