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<h1>PAN quoting requirement: mandatory PAN verification or Form 97 declaration for specified transactions and record linkage.</h1> Obligation to quote Permanent Account Number in documents for specified transactions with thresholds for applicability; recipients must verify and record PAN or a Form No. 97 declaration. Minors without taxable income must quote a parent's or guardian's PAN. Non-corporates without PAN entering certain transactions must either furnish Form No. 97 or apply for PAN where prescribed; exceptions apply for certain non-residents and transactions with IFSC banking units. Recipients must link PAN or declaration details in records and any information furnished to tax authorities, and systems standards for PAN authentication will be specified by Income-tax (Systems).