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    <title>Transactions where PAN to quote is compulsory as per Rule 114B</title>
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    <description>Rule 114B requires quoting PAN in documents for a defined list of transactions-bank and de mat account openings, financial instrument acquisitions, specified cash payments, deposits, time deposits, insurance premium payments, securities and immovable property dealings, and other transactions above prescribed value thresholds-and prescribes that non holders must furnish Form No. 60 (paper or electronic). Minors may use a parent&#039;s or guardian&#039;s PAN; certain foreign companies in IFSC units must use Form No. 60; specified governmental entities and some non residents are exempt; existing account holders who had not furnished PAN/Form 60 were subject to a compliance deadline.</description>
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    <pubDate>Mon, 06 Mar 2023 12:17:00 +0530</pubDate>
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      <title>Transactions where PAN to quote is compulsory as per Rule 114B</title>
      <link>https://www.taxtmi.com/manuals?id=2423</link>
      <description>Rule 114B requires quoting PAN in documents for a defined list of transactions-bank and de mat account openings, financial instrument acquisitions, specified cash payments, deposits, time deposits, insurance premium payments, securities and immovable property dealings, and other transactions above prescribed value thresholds-and prescribes that non holders must furnish Form No. 60 (paper or electronic). Minors may use a parent&#039;s or guardian&#039;s PAN; certain foreign companies in IFSC units must use Form No. 60; specified governmental entities and some non residents are exempt; existing account holders who had not furnished PAN/Form 60 were subject to a compliance deadline.</description>
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