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Entities to apply for Permanent Account Number in certain cases

Budget - Dated:- 5-2-2018 - B. WIDENING AND DEEPENING OF TAX BASE Section 139A inter-alia provides that every person specified therein and who has not been allotted a permanent account number shall apply to the Assessing Officer for allotment of a Pe .....

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fifty thousand rupees or more in a financial year shall be required to apply to the Assessing Officer for allotment of PAN. In order to link the financial transactions with the natural persons, it is also proposed that the managing director, directo .....

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