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 Income Tax Issues v2

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mIehaWk
post Jun 29 2013, 02:03 PM

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halo all..
got few questions here..

1. if i got 200k of personal loan.. can i pay lumsump.. is it goin to raise their suspicious?

2. same prob.. if i got 200k to 400k fm my profit.. can i put it in my bank? if can.. am i have to pay tax.. how much?

3. way to avoid all of this prob raise suspicous..
p/s. im a gov worker.. basic only 4100.
planning to start car biz. but just a few.. mybe 3-4 cars only.. buy frm custom.. repair here n there.. n sold back with higher price..
realy need advice here as i think it to small for me to start a compny n yet it only for that cars..
thank..

This post has been edited by mIehaWk: Jun 29 2013, 02:05 PM

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