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Pan card compulsory

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(Querist)
17 April 2016 Is giving pan card compulsory as per new rules , if total transaction with a creditor or debtor exceeds 2 lac ?
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
17 April 2016 Yes, now PAN is mandatetory for the all the trasanctions exceed Rs.2 lakh

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