if i want to submit my brothers return(NIL) for last 3 years
than wat is the procedure?
n how to the extant i can conver black money in to white money?
thanks...
CA Anand Oberoi
(Chartered Accountant)
(296 Points)
Replied 22 December 2009
lol... i think we should not suggest techniques to convert black money to white money in this forum.
regards..... :)
mohit mehta
(article)
(87 Points)
Replied 22 December 2009
Dear hitansh
I think in the public interest, we should avoid sharing these kind of unethical things in the forum.
Dheeraj Muniyal
(CA Final Student)
(68 Points)
Replied 22 December 2009
i totally agree to mohit ............
HIT ANSH
(PCC STUDENT)
(181 Points)
Replied 22 December 2009
k...sory for this...but i would like to know the procedure
how can i file the returne?
from its origin to end for last three years.....
n wat r the consiconces of the same?
Ritesh
(Advisory Services)
(101 Points)
Replied 23 December 2009
Well... Its much simple..
Take all ur black money and put the same in the bucket filled of white colour, It will become white!!!
Have some ethics, If NIL return is to be filed, that means ur dad or mom or any of ur relative have undisclosed income.. Pls do revised filing of the same and the money will automatically get covered up..
and mind one Punch rule "Non payment of taxes does not make money black or white" It is only if it has been illegally eared that it turns black.
Eg. You rob some1 and pay taxes on such income.. still the same is black money and is illegal.
eg. You earn Rs. 10 Lakh but disclose only 9 Lakh in your tax return, You still are the legitimate owner and the money is white money.. All you need to do is to revise your return..
And most important of all... Have respect and dignity for ur profession.. In your articles period your tested on these grounds.. And that literally happens just the everyday.. But learn to say "NO" to all illegal things.. IF your boss disapproves, then do the work and file a complaint with the dept.
Remember, values are created only when you stand for it..
All the best..
Live class on PF & ESI Enrollment & Returns Filing(with recording)
CAclubindia
