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Chapter No. 11 - PERMANENT ACCOUNT NUMBER [SECTION 139A and RULE 114]
Answer : Payment in cash in connection with the travel to any foreign country of an amount exceeding ₹ 25,000 at any one time. Such payment shall include payment in cash towards fare, or to a travel agent or a tour operator, or to an authorized person as defined in section 2(c) of the Foreign Exchange Management act, 1992 or for the purchase of foreign currency. However, travel to any foreign country does not include travel to the neighbouring countries or to such places of pilgrimage as may be specified by the Board under Explanation 3 of section 139(1) .
PAN requirement for foreign travel payments: cash disbursements above prescribed limit require PAN for travel, tour, or currency purchases. A PAN must be furnished where a single-instance cash payment connected with travel to a foreign country exceeds the prescribed cash threshold; this covers cash payments for fare, payments to travel agents or tour operators, payments to authorized persons under foreign exchange law, and purchases of foreign currency, while excluding travel to neighbouring countries and specified pilgrimage locations. of Press 'Enter' after typing page number.
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