hi friends
is there mandatory for coating PAN NO In form No.15G/15H
mithun chakravarthi c s (Audit Assistant) (40 Points)
15 June 2010hi friends
is there mandatory for coating PAN NO In form No.15G/15H
Siddarth R Sunder Ram
(Finance Professional)
(230 Points)
Replied 15 June 2010
Yes. As per sec 206AA of the income tax act, which is applicable from 1.4.2010, it is mandatory to quote PAN while filing form 15G/15H, else tax will be deducted at higher rates.
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