Browsing All Posts published on »July, 2011«

Banker or Cheater ??

July 28, 2011

4

“Welcome Mr. Mehta, What can do I for you ?” said Jenny, a relationship manager working with a leading private sector bank, to the bank customer Mr. Mehta, who himself is a tax consultant. “I just wanted to deposit these cheques to my account” said Mr. Mehta. “That will be done Sir. And I would […]

Exemption from Income Tax Return Filing : A Mirage ?

July 16, 2011

4

“Phew !! Thank God (and thanks to Pranav Babu) I don’t have to file ITR this year. It is such a painful process”, Said Ajay Dixit, a 27 year old BPO Executive to his friend Kapil. “And how did you arrive at this conclusion, that you don’t need to file a return?” asked Kapil. “Aren’t […]

5 Mistakes to Avoid while making investments !!

July 12, 2011

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“Oh My God !! All these years I did too many mistakes while making investments which I am realising when I compiling my IT return.” Said Prithviraj, a 33 year old IT professional to his friend Niraj. “What Mistakes you made Prithvi?” asked Niraj. 1.       Investment in a ULIP “First mistake I did was investment […]