Tag Archives: PAN Card

Non Resident not having PAN ,Relaxation from Higher TDS by Govt

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART-II, SECTION 3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 24 th June, 2016 INCOME-TAX S.O. 2196 (E).— In exercise of the powers conferred by clause (ii) of sub-section (7) of section 206AA,… Read More »

Pan Card Mandatory for all Transactions

Pan Card Mandatory for all Transactions The Government vide notification S.O. (3545)(E) dated 30.12.2015, has made quoting of Permanent Account Number (PAN) mandatory for all transactions (irrespective of the mode of payment) of sale or purchase of goods or services of any nature exceeding rupees 2 lakh and for other specified transactions with effect from… Read More »

PAN card Application Form Documents required

PAN card Application Form Documents Required for PAN card Application Form ​The documents required to be submitted with the PAN application are specified in Rule 114 of the Income-tax Rules. The details of the documents required are also provided in the application form. Form No 49A (New PAN Application Form for citizen of India) Form… Read More »

How to Apply PAN Card (Permanent Account Number )

Apply PAN Card  Procedure to ​​Apply PAN Card  A person wishing to obtain PAN can apply for PAN by submitting the PAN application form (Form 49A/49AA) along with the related documents and prescribed fees at the PAN application center of UTIITSL or NSDL. Forms to Apply PAN Card  Click to Download Form 49A : Application for PAN… Read More »

20 Transactions for which PAN card is mandatory

Rules regarding quoting of PAN for specified transactions amended The Government is committed to curbing the circulation of black money and widening of tax base. To collect information of certain types of transactions from third parties in a non-intrusive manner, the Income-tax Rules require quoting of Permanent Account Number (PAN) where the transactions exceed a… Read More »