Mandatory PAN requirement for cash market trades: trades allowed only after member collection, verification and exchange upload of PAN. PAN must be collected from all existing and new cash market clients, verified with original documents, cross checked via the Income Tax Department web facility, and uploaded to the exchange as part of the unique client code; cash market trades shall be executed only for clients whose PAN details have been collected and uploaded.
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.
Mandatory PAN requirement for cash market trades: trades allowed only after member collection, verification and exchange upload of PAN.
PAN must be collected from all existing and new cash market clients, verified with original documents, cross checked via the Income Tax Department web facility, and uploaded to the exchange as part of the unique client code; cash market trades shall be executed only for clients whose PAN details have been collected and uploaded.
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