Permanent Account Number requirement: quote PAN or GIR in specified high-value transactions and file designated forms if absent. Rules 114B-114D require quoting PAN or GIR in documents for specified high-value transactions, permit GIR where PAN is unavailable, and mandate Form No. 60 when neither number exists. Minors may use a parent's or guardian's PAN/GIR for account opening. Agriculturists and certain non-residents are excepted from section 139A but must file Form No. 61 or supply passport copies respectively for specified transactions. Designated intermediaries must verify PAN/GIR or receive appropriate declarations and forward statements, declarations and passport copies to the Director of Income-tax (Investigation) within one month.
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: quote PAN or GIR in specified high-value transactions and file designated forms if absent.
Rules 114B-114D require quoting PAN or GIR in documents for specified high-value transactions, permit GIR where PAN is unavailable, and mandate Form No. 60 when neither number exists. Minors may use a parent's or guardian's PAN/GIR for account opening. Agriculturists and certain non-residents are excepted from section 139A but must file Form No. 61 or supply passport copies respectively for specified transactions. Designated intermediaries must verify PAN/GIR or receive appropriate declarations and forward statements, declarations and passport copies to the Director of Income-tax (Investigation) within one month.
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