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Ready Tips - Be a Good Tax Citizen

Ready Tips - Be a Good Tax Citizen

Being a good tax citizen means three things:

  • Complying with all requirements that a citizen is expected to and required to do as required under the law.
  • Taking maximum advantage of the provisions contained in the law with respect to planning your income and expenditure.
  • Not doing anything which can lead to questions being raised by the Tax officer.

This section is divided into two sections - one which is applicable to Self employed businessmen / professionals and second which is applicable commonly to everyone.