On 18-07-2010 14:16, Anil Kumar wrote: > > Just in case there weren't enough schemes to scam on the exchange; > but, the jolly part is that the Indian Income Tax Department seems to > have granted Permanent Account Numbers to these dieties. Also, do not > miss the distinction between private [trust] god and public god :-) >
This is really quite fascinating. Our last major securities scam (rather, the last major one which was discovered) involved an Ahmedabad family creating hundreds of bank accounts and demat accounts for a single person and banks and brokers not bothering to verify that these were not actually the same people. The aftermath was severe strictures on said banks who then went into a tizzy making sure all new customers were not already on the rolls, a process known as deduplication. If the Sangli trust registers a demat account for Lord Ganesh and then say, the Siddhivinayak temple also decides to do this, how will the deduplication work? This ought to apply for PAN cards as well. Much entertainment could come when temples take each other to court over the issue of which one has the right to get a PAN for a particular deity. A PAN card for Yamadev would add new dimensions to the phrase 'Death and Taxes.' -- Regards, Aadisht Email for lists: [email protected] Personal Email: [email protected] Mobile (TN): +91-96000 23067 Mobile (Del): +91-99584 04009 Website: http://www.aadisht.net/ Blog: http://www.wokay.in/
