pan card vs income tax return

This query is : Resolved 

24 June 2009 hi,

is there any compulsion for a pan card holder ( individual ) to submit tax return.

24 June 2009 An individual is required to submit Return of Income only if his income is above basic exemption limit.However He/she may submit ROI even if income is below basic exemption limit in order to claim refund incase Tax Deduction at Source (TDS) is made.
Holding a PAN doesnt make it compulsory on the holder to submit ROI.

24 June 2009 agree with Mr.Vipul


24 June 2009 agree with Mr.Vipul



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries