Sunday, August 27, 2023

If you submitted Form 60 instead of PAN earlier, Income tax dept now wants you to get a PAN

Form 60 is required to be submitted in lieu of PAN if an individual does not have one but is conducting certain specific transactions like purchasing a car, etc. However income tax department will send an individual an SMS and email about updating one's PAN number to the reporting entity where Form 60 was given or apply for a PAN.

from Tax-Wealth-Economic Times https://ift.tt/Uaop9QZ

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