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Six countries supply data about payments to Indians !

Director General of Income Tax (Inteligence) , a recently formed directorate in the Income Tax Department are handling the data provided by US, Finland, Japan, Korea, Denmark and New Zealand on entities in these countries having made payments to Indians. It is reported that the data was provided in May 2010.

What Precaustions Should One Take While Accepting Gifts From Relatives?

I m a govt employee in tax limits and filing my returns regularly. my wife is a housewife having PAN card but not filing returns as she is having no income. My father in law ( father of my wife) is a farmer and having only agriculture income . He does not have pan card

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