I am software developer. I work for an company in day time & in my free time, usually weekend & night I do freelancing on Elance.com, oDesk.com & freelancer.com Now I know that if I withdraw the funds to my bank account, my PAN will have record of it so I need to pay tax for that.
What if I use my relatives' bank accounts, who are unemployed, to withdraw the fund. Will I save from more tax? Is it legal?
The freelancing websites don't have my PAN. If I withdraw via PayPal it has PAN. So is it possible to divide my freelancing income by withdrawinf fund in multiple accounts?
CAclubindia
