TaxTMI 
TaxTMI 
Permanent account number
X X X X Extracts X X X X
X X X X Extracts X X X X
....on competent to act ^29[on behalf of the person referred to in clause (v); or (vii) who intends to enter into such transaction as may be prescribed by the Board in the interest of revenue,]] and who has not been allotted a permanent account number shall, within such time, as may be prescribed, apply to the Assessing Officer for the allotment of a permanent account number. ^4[(1A) Notwithstanding anything contained in sub-section (1), the Central Government may, by notification in the Official Gazette, specify, any class or classes of persons by whom tax is payable under this Act or any tax or duty is payable under any other law for the time being in force including importers and exporters whether any tax is payable by them or not and such persons shall, within such time as mentioned in that notification, apply to the Assessing Officer for the allotment of a permanent account number.] ^5[(1B) Notwithstanding anything contained in sub-section (1), the Central Government may, for the purpose of collecting any information which may be useful for or relevant to the purposes of this Act, by notification in the Official Gazette, specify, any class or classes of persons w....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ess on the basis of which the permanent account number was allotted to him. ^8[(5A) Every person receiving any sum or income or amount from which tax has been deducted under the provisions of Chapter XVIIB, shall intimate his permanent account number to the person responsible for deducting such tax under that Chapter : ^9[****] Provided further that a person referred to in this sub-section shall intimate the General Index Register Number till such time permanent account number is allotted to such person. (5B) Where any sum or income or amount has been paid after deducting tax under Chapter XVIIB, every person deducting tax under that Chapter shall quote the permanent account number of the person to whom such sum or income or amount has been paid by him- (i) in the statement furnished in accordance with the provisions of sub-section (2C) of section 192; (ii) in all certificates furnished in accordance with the provisions of section 203; (iii) in all returns prepared and delivered or caused to be delivered in accordance with the provisions of section 206 to any income-tax authority; ^10[(iv) in all ^23[****] statements prepared and deli....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... or intimate or quote his Aadhaar number in lieu of the permanent account number.] (6) Every person receiving any document relating to a transaction prescribed under clause (c) of sub-section (5) shall ensure that the Permanent Account Number ^16[or ^31[the General Index Register Number or the Aadhaar number, as the case may be,]] has been duly quoted in the document. ^32[(6A) Every person entering into such transaction, as may be prescribed, shall quote his permanent account number or Aadhaar number, as the case may be, in the documents pertaining to such transactions and also authenticate such permanent account number or Aadhaar number, in such manner as may be prescribed. (6B) Every person receiving any document relating to the transactions referred to in sub-section (6A), shall ensure that permanent account number or Aadhaar number, as the case may be, has been duly quoted in such document and also ensure that such permanent account number or Aadhaar number is so authenticated.] (7) No person who has already been allotted a permanent account number under the new series shall apply, obtain or possess another permanent account number. ^17[Explanation.-For the ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ifies the correctness, or the lack thereof, on the basis of information available with it;] (b) "permanent account number" means a number which the Assessing Officer may allot to any person for the purpose of identification and includes a permanent account number allotted under the new series; (c) "permanent account number under the new series" means a permanent account number having ten alphanumeric characters ^28[****];] ^20[(d) "General Index Register Number" means a number given by an Assessing Officer to an assessee in the General Index Register maintained by him and containing the designation and particulars of the ward or circle or range of the Assessing Officer.] **************** NOTES:- 1. Substituted vide Section 30 of the Finance Act, 1995 w.e.f. 01-07-1995 before it was read as, "139A. Permanent account numbers.-(1) Every person, if his total income or the total income of any other person in respect of which he is assessable under this Act during any previous year exceeded the maximum amount which is not chargeable to income-tax and he has not been allotted any permanent account number, shall,....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... Explanation.- In this section,- (a) [****] (b) "permanent account number" means a number which the Assessing Officer may allot to any person for the purpose of identification." Earlier, Inserted vide Section 39 of the Taxation Laws (Amendment) Act, 1975 w.e.f. 01-04-1976 And was Amended vide Section 43 of the Direct Tax Laws (Amendment) Act, 1987 w.e.f. 01-04-1988/01-04-1989 And was Amended vide Section 35 of the Finance Act, 1990 w.e.f. 01-04-1990 2. Substituted vide Section 41 of the Finance (No. 2) Act, 1998 w.e.f. 01-08-1998 before it was read as, "fifty thousand" 3. Substituted vide Section 41 of the Finance Act, 2005 w.e.f. 01-04-2006 before it was read as, "sub-section (4A) of section 139" 4. Inserted vide Section 58 of the Finance Act, 2000 w.e.f. 01-06-2000 5. Inserted vide Section 32 of the Finance Act, 2006 w.e.f. 01-06-2006 6. Substituted vide Section 32 of the Finance Act, 2006 w.e.f. 01-06-2006 before it was read as, "(2) The Assessing Officer may also allot to any other person by whom tax is payable, a permanent ac....