Direct & Indirect Taxes, Tax Ready Reckoner, Tax Management, Tax Act. & Rules, Tax Planning & Tax Savings.
PAN & Aadhaar Number [Section 139A and 139AA]
1. [Section 139A (1)]- Who has to apply for PAN?: Every person who has not been allotted a permanent account number shall, within such time, as may be prescribed, apply to the Assessing Officer for the allotment of a permanent account number in the following cases if: (i) his total income or the total …
Permanent Account Number (PAN) [Section 139A and Rule 114] Read More »
Every person shall quote his PAN (Permanent Account Number) in all documents pertaining to the transactions specified in the Table below, namely :- TABLE SL No. Nature of transaction Value of transaction (1) (2) (3) 1. Sale or purchase of a motor vehicle or vehicle, as defined in section 2(28) of the Motor Vehicles Act, …
Transactions where Quoting of PAN made Compulsory [Section 139A (5)(c) and Rule 114B] Read More »