TMI BlogQuotation of PAN transactions exceeding ₹ 2 lacs as per Rule 114BX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Experts Please advise whether vendor will ensure his PAN or purchaser s PAN in the bill at the time raising invoice. Rule 114C of IT Act is given below for your kind refernce Ver ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ification of PAN (Rule-114C) 2) Any person, being a person raising bills referred to at Sl. No. 5 or 6 or 18 of rule 114B , who, in relation to a transaction specified in the said Sl. No., h ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... as issued any document shall ensure after verification that permanent account number has been correctly furnished and the same shall be mentioned in such document, or as the case may be, a declaration ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in Form 60 has been duly furnished with complete particulars . ] Reference of section, rule case law will be helpful. Regards Jai Prakash - Reply By Ganeshan Kalyani - The Reply = Sir, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... both the party to the transaction should exchange their registration number to comply for the rule. Companies are doing such activity after the said amendment. Thanks. - Quotation of PAN transaction ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s exceeding ₹ 2 lacs as per Rule 114B - Query Started By: - jai prakash Dated:- 29-6-2016 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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