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      Income Tax

      What is the basic monetary limit required for PANCARD for amount deposit in mutual fund and shares?

      15 December, 2015

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      Chapter No. 11 - PERMANENT ACCOUNT NUMBER [SECTION 139A and RULE 114]

      What is the basic monetary limit required for PANCARD for amount deposit in mutual fund and shares?

      Answer :   An Payment of ₹ 50,000 or more is required PANCARD  for amount deposit in mutual fund and shares [139A(5)c) and Rule 114B].

       

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