Taxman asks an Indian…
*1) Qus.: What are you doing?*
*Ans.: **Business.*
*Tax : **PAY PROFESSIONAL TAX*
*2) Qus.: What are you doing in Business?*
*Ans.: **Selling the Goods**.*
*Tax : **PAY SALES TAX*
*3) Qus.: From where are you getting Goods?*
*Ans.: **From other State/Abroad*
*Tax : **PAY CENTRAL SALES TAX, CUSTOM DUTY & OCTROI*
*4) Qus.: What are you getting in Selling Goods?*
*Ans.: **Profit.*
*Tax : **PAY INCOME TAX*
*5) Qus.: How do you distribute profit ?*
*Ans : **By way of dividend*
*Tax : **PAY DIVIDEND DISTRIBUTION TAX*
*6) Qus.: Where you Manufacturing the Goods?*
*Ans.: **Factory.*
*Tax : **PAY EXCISE DUTY*
*8) Qus.: Do you have Staff?*
*Ans.: **Yes*
*Tax: **PAY STAFF PROFESSIONAL TAX*
*9) Qus.: Doing business in Millions?*
*Ans.: **Yes*
*Tax : **PAY TURNOVER TAX* * * *?*
*Ans : **No*
*Tax : **Then pay Minimum Alternate Tax*
*10) Qus.: Are you taking out over 25,000 Cash from Bank?*
*Ans.: **Yes, for Salary.*
*Tax : **PAY CASH HANDLING TAX*
*11) Qus.: Where are you taking your client for Lunch & Dinner?*
*Ans.: **Hotel*
*Tax : **PAY FOOD & ENTERTAINMENT TAX*
*12) Qus.: Are you going Out of Station for Business?*
*Ans.: **Yes*
*Tax :* *PAY FRINGE BENEFIT TAX*
*13) Qus.: Have you taken or given any Service/s?*
*Ans.: **Yes*
*Tax : **PAY SERVICE TAX*
*14) Qus.: How come you got such a Big Amount?*
*Ans.: **Gift on birthday.*
*Tax : **PAY GIFT TAX*
*15) Qus.: Do you have any Wealth?*
*Ans.: **Yes*
*Tax : **PAY WEALTH TAX*
*16) Qus.: To reduce Tension, for entertainment, where are you going?*
*Ans.: **Cinema or Resort.*
*Tax : **PAY ENTERTAINMENT TAX*
*17) Qus.: Have you purchased House?*
*Ans.: **Yes*
*Tax : **PAY STAMP DUTY & REGISTRATION FEE*
*18) Qus.: How you Travel?*
*Ans.: **Bus*
*Tax : **PAY SURCHARGE*
*19) Qus.: Any Additional Tax?*
*Ans.: **Yes*
*Tax : **PAY EDUCATIONAL, ADDITIONAL EDUCATIONAL &*
*SURCHARGE ON ALL THE CENTRAL GOVT.’s TAX !!!*
*20) Qus.: Delayed any time Paying Any Tax?*
*Ans.: **Yes*
*Tax : **PAY INTEREST & PENALTY*
*21) INDIAN : Can I die now??*
*Ans :* *No, * *wait we are about to launch the FUNERAL TAX*
Keep Smiling & Take Care !!
