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“ FINALLY,, CBDT RELEASED AN IMPORTANT BOOKLET ON PERMANENT ACCOUNT NUMBER “…
FOR THE FIRST TIME IN INDIA , CBDT RELEASED A BOOKLET UNDER THE TAX PAYER INFORMATION SERIES. IT HELPS THE TAX PAYER , WHO WANT TO APPLY FOR PAN & TO EXPLAIN THE IMPORTANCE OF PAN .
Quoting of PAN has been made mandatory for most of the financial transactions and the IT Department has been receiving a number of queries relating to PAN particularly , on procedures for PAN application, documents required for PAN application and transaction for which quoting of PAN is mandatory etc.
Book Contains the following Topics :-
1. What is PAN ?
2. Evolution of PAN in India ?
3. Who must have a PAN`?
4. Financial transactions where quoting of PAN is mandatory.
5. What are the documents which can be submitted as proof of identity and proof of address ?
Thanks..
PALASH RAKSHIT.
CAclubindia
