https://www.taxtmi.com/acts?id=31813 New clauses to section 139A(1) mandate that every non-individual entity with financial transactions aggregating to two lakh fifty thousand rupees or more in a year must apply to the Assessing Officer for a permanent account number, and that specified officeholders or persons competent to act for such entities (managing director, director, partner, trustee, author, founder, karta, chief executive officer, principal officer or office bearer) are also required to apply for PAN. The amendment takes effect from 1 April 2018. en-us Thu, 01 Feb 2018 17:13:46 +0530 Thu, 01 Feb 2018 17:13:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=31813 New clauses to section 139A(1) mandate that every non-individual entity with financial transactions aggregating to two lakh fifty thousand rupees or more in a year must apply to the Assessing Officer for a permanent account number, and that specified officeholders or persons competent to act for such entities (managing director, director, partner, trustee, author, founder, karta, chief executive officer, principal officer or office bearer) are also required to apply for PAN. The amendment takes effect from 1 April 2018. Act-Rules Bills Thu, 01 Feb 2018 17:13:46 +0530 https://www.taxtmi.com/acts?id=31813