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saumitra r | My wife has pan Number and she is a house wife.Does she require to file income tax? |
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 |
 
Jss
 |
NO.
Unless her income for FY 2007-08 is more than Rs. 1,45,000 she is not required to file tax return.
Read about India Income tax rates for financial year 2007-08 (assessment year 2008-09): http://mytaxes.in/index.php?topic=16.0 |
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savithri_gopalan
 |
Does she have income from other sources like rent from her flat, other FDs, investments, then she has to file showing all the income. If she is
a housewife without any income of her own, living on yours, why did she get a pan card then?
savithri |
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sarna_anil
 |
if income beyond 30000/- |
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Hsenid K
|
there is no need to file if there are no transactions or income but you should not take pan no simply |
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aaa
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for what purpose you have taken the pan number ? that i dont know. but it is necessary to file income tax return as nil whenever there is no any other source income. |
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lloydpinto
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Just having a PAN number does not require filing of a tax return. A tax return will be required your wife's taxable income exceeded INR 145,000 for the financial year 2007-2008. this is assuming she is below 65 years of age. If she is a senior citizen, then the basic threshold is INR 195000. Please note that these slabs have changed and are only for FY 2007-2008. |
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Satheesh Kumar M
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If she have no taxable income it is not manadatory to file the returns. But it is advisable to file the NIL returns. |
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trysaran
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You have to submit, then why she got for PAN number ? |
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