Permanent Account Number requirement: mutual fund investors must provide PAN or declare non allotment for high value applications. Mutual fund applicants must provide their PAN or, if not allotted, the GIR number and income tax Circle/Ward/District, or state non allotment; in joint applications each applicant must do so. Application forms lacking these identification details must not be accepted by the mutual fund, as part of strengthened know your client procedures under SEBI mutual fund regulation.
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: mutual fund investors must provide PAN or declare non allotment for high value applications.
Mutual fund applicants must provide their PAN or, if not allotted, the GIR number and income tax Circle/Ward/District, or state non allotment; in joint applications each applicant must do so. Application forms lacking these identification details must not be accepted by the mutual fund, as part of strengthened know your client procedures under SEBI mutual fund regulation.
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