Transactions in which quoting of PAN is mandatory

Transactions in which quoting of PAN is mandatory :-

  1. Purchase and sale of immovable property.
  2. Purchase and sale of motor vehicles.
  3. Transaction in shares exceeding Rs.50,000.
  4. Opening of new bank accounts.
  5. Fixed deposits of more than Rs.50,000.
  6. Application for allotment of telephone connections.
  7. Payment to hotels exceeding Rs.25,000.
  8. more to be added

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