Part DCA - Safe Harbour Rules for income referred to in clause (i) of sub-section (1) of section 9 chargeable to tax under the head (From Rule 10TI to Rule 10TIC)
Rule 114B - Transactions in relation to which permanent account number is to be quoted in all documents for the purpose of clause (c) of sub-section (5) of section 139A.
Income-tax Rules, 1962 Chapter XV MISCELLANEOUS
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Permanent Account Number requirement: PAN must be quoted in documents for specified transactions; Form 60 serves as alternate compliance. Rule 114B requires every person to quote his Permanent Account Number in documents for specified transactions-such as vehicle sales (excluding two wheelers), opening bank and demat accounts, credit/debit card applications, payments for travel, hotels, mutual fund purchases, acquisition of securities, immovable property dealings and various high value cash deposits-at or above stated value thresholds; minors may quote a parent/guardian's PAN, persons without PAN must furnish Form No. 60 (paper or electronic), certain foreign companies in IFSC units may use Form No. 60, and limited classes (Central/State Governments, consular offices, certain non residents) are exempt, with defined terms and transitional compliance timelines.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Permanent Account Number requirement: PAN must be quoted in documents for specified transactions; Form 60 serves as alternate compliance.
Rule 114B requires every person to quote his Permanent Account Number in documents for specified transactions-such as vehicle sales (excluding two wheelers), opening bank and demat accounts, credit/debit card applications, payments for travel, hotels, mutual fund purchases, acquisition of securities, immovable property dealings and various high value cash deposits-at or above stated value thresholds; minors may quote a parent/guardian's PAN, persons without PAN must furnish Form No. 60 (paper or electronic), certain foreign companies in IFSC units may use Form No. 60, and limited classes (Central/State Governments, consular offices, certain non residents) are exempt, with defined terms and transitional compliance timelines.
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