www.Aaptaxlaw.com
 

Income Tax   Service Tax    VAT   Central Excise   Companies Act   IPC   CRPC CPC  Bare Acts   Tax Forms   Legal formats

 

WHAT IS THE OPTION WHEN PERSON DO NOT HAVE A PAN? FORM NO. 60, DECLARATION BY PERSON NOT HOLDING PAN, FORM NO. 61 BY PERSON HAVING AGRICULTURAL INCOME ONLY

Individuals who are not holding Income Tax Permanent Account Number (PAN) can also enter into some transactions by signing necessary declaration forms. Person who do not hold PAN is required to make a declaration in Form No. 60 while entering into any of the specified transactions.

Those who earn only agricultural income and not any other taxable income required to make a declaration in form No. 61 in lieu of PAN.

 

 

The  declaring person needs to furnish proof of residence i the form of a copy of ration card, passport, driving license, identity card issued by an institution, copy of electricity bill or telephone bill or any document or communication from a central or state government authority or local body, along with the declaration in form No. 60 or 61.

 

Liability to Obtain Income Tax Permanent Account Number. Who are liable to obtain PAN?

What are the Transactions for which quoting of PAN is Mandatory?

What is the option when person do not have a PAN? Form No. 60 declaration by person not holding PAN, Form No. 61 by person having Agricultural Income only

What is the procedure to get Income Tax PAN? Applying for Income Tax Permanent Account Number and documents required

When to apply for new series PAN? Who should get new Income Tax PAN?

Home     About Us     Privacy Policy     Disclaimer    Contact Us  Sitemap