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PAN-UNDER DIFF. STATUS

This query is : Resolved 
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(Querist)
09 February 2008 CAN A PERSON HOLD 2 STATUS- NAMELY ,
INDIVIDUAL AND HUF
WHETHER HE CAN HAVE 2 PAN FOR THE DIFFERENT STATUS
WHETHER HE CAN CLAIM ALL THE DEDUCTION APPLICABLE FOR THE STATUS SEPARTELY

PL CLARIFY
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Sohil Ganeriwala

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Sohil Ganeriwala (Expert)
11 February 2008 hi!
yes a person can have 2 status as mentioned by u. he has to avail 2 different PAN cards. yes he can claim all the deduction applicable for the status separtely.
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
11 February 2008 Actually, it is not a person having two status. An individual holding PAN is legally different to holding PAN as Karta of HUF. These two will be viewed legally differently only.
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KAUSTUBH M JOSHI

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KAUSTUBH M JOSHI (Expert)
15 February 2008 I Agree wit Srinivasaraghavan sir
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