Excellent feature and something very handy and practical for the common man
Just one query.
I'm 20 years old and want to make a PAN card. If I get the card say by this month or next(basically in this financial year) and I have a taxable income.... Would I have to pay taxes from this financial year or next?Or is it that this year the burden wil still fall on my parents but from the next financial year I'll have to pay my own taxes?
RE:Very helpful
by parminder oberoi on Apr 20, 2007 04:48 PM Permalink
U r major not minor. U'll have to pay tax urself if u have taxable income not by ur parents.Taxes are to be paid for the year in which u earn taxable income
