I learned two things sitting there,
1- The difference between tax exemption and tax evasion.
2- It is an absolute must to visit the rest room and then attend a 2 hour seminar.
After a great deal of explanation, it was an no-brainer that tax evasion was illegal, some various examples were cited..in the pretext of telling us what not to do, but from where I was sitting ( extreme end ) , I could see the slight wink every time he told us something illegal.
Thus we had my dad signing a receipt for rent for the house I live in, its just plain simple-fool proof, my parents charge me to live in their house. How hard can it be to explain it to the I-T dept if at all I am caught? Apart from all the illegal methods
But the way I figure it, if I spend all my money as soon as I get it, the ‘guys’ cant ask me to pay them, cause, hey, I have nothing to offer! Its either that or go to the Himalayas and renounce the world, then come back a year later, write a book about the things you learned ( or make them up ) and hey, instant fame, fortune and funds ( my favorite f’s.. n for your information my favorite B’s are beaches, beer and beds [I sleep lots] )
All in all it was a decent seminar, at the end I had just one doubt I had to keep to myself due to reasons, the doubt being “Is there anyway I can end up paying more tax than what I earn?”…He left us with the caution that we should declare our investments/expenditures and then at the end of the year produce bills to support the same, being the spontaneous / at-the-moment person, I am not really sure on what I will spend my money on..so I think its really unfair of them to ask me…and thus I concluded ( in the words of Oscar Wilde) that I have nothing to declare except my genius…