PAN

friend
normally persons taking pan no. for showing identity proof . but major cases it was seen that it. department started notices to new pan no. alloted under uti scheme or nsdl scheme for filing of return. therefore it is better to file return even thought person have non taxable income if he/she has pan no.

i do not think so

No, It is not compulsary to file IT Retur if your income is below taxable even you are holding PAN.

The One Says:

While its not compulsory to file returns if you have income below the taxable limit I would advice to file a Nil Return also (whats the harm) and incase you have losses then please file returns to claim the set off and carry forward in the following years.

Hope this helps.....

Its not mandatory

No. Only when you have taxable income, you have to deduct TDS.