Sumission of pan no.

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ANURAG AHUJA (Querist)
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14 May 2013 is sumission of PAN no. is compulsory for purchased of gold above Rs.50,000
plz. rly as soon as possible

Bhaskaran Chackrapani Warrier (Expert)
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14 May 2013
It is Rs.5 lakhs vide rule 114B(r) of the Income tax Rules,1962.

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15 May 2013 The value of Rs 50000 is now Rs 500000, by notification 27/2011

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