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Quotation of PAN transactions exceeding ₹ 2 lacs as per Rule 114B

Income Tax - Started By: - jai prakash - Dated:- 29-6-2016 Last Replied Date:- 29-6-2016 - 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 Verification 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., has issued any document shall ensure a .....

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