TMI BlogChanges in Rule 114B - Transactions in relation to which PAN is to be quoted in all documents for the purpose of section 139A(5)(C).X X X X Extracts X X X X X X X X Extracts X X X X ..... mpany or a firm, shall be substituted; (b) after second proviso, the following proviso shall be inserted, namely: Provided also that a foreign company who, (i) does not have any income chargeable to tax in India; and (ii) does not have a permanent account number, and enters into any transaction referred to at Sl. No. 2 or 12 of the Table, in an IFSC banking unit, shall make a declaration in Form No. 60: ; (c) in the Explanation, clause (1) shall be re-numbered as (1A) and before the said clause as so re-numbered, the following clause shall be inserted, namely: (1) IFSC banking unit means a financial institution defined under clause (c) of sub-section (1) of section 3 of the International Financial Services Centres Authority Act, 2019 (50 of 2019), that is licensed or permitted by the International Financial Services Centres Authority to undertake permissible activities under the International Financial Services Centres Authority (Banking) Regulations, 2020; ; 3. In the principle rules , in rule 114BA , the following shall be inserted at the end, namely: Provided that the provisions of this rule shall not apply in a case, (a) where t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Y Y Y Y Surname 3 Father s Name (in case of individual) First Name Middle Name Surname 4 Flat/ Room No. 5 Floor No. 6 Name of premises 7 Block Name/No. 8 Road/ Street/ Lane 9 Area/ Locality 10 Town/ C ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tails of document being produced in support of identify in Column 1 (Refer note overleaf) Document code Document identification number Name and address of the authority issuing the document 25 Details of document being produced in support of address in Columns 4 to 13 (Refer note overleaf) Document code Document identification number Name and address of the authority issuing the document Verification I, _____________________, son/ daughter/ wife** of Shri ______________________, solemnly declare that to the best of my knowledge and belief, the information given in this application and documents, if any, accompanying it are correct and complete and particulars shown therein are truly stated. 2. I further declare that I /applicant does not have a Permanent Account Number and (i) my/our/applicant s estimated total income (including income of spouse, minor child etc. as per section 64 of Income-tax Act, 1961) computed in accordance with the provisions of Income-tax Act, 1961 for the financial year in which the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 03 Yes Yes 4. Ration/Public Distribution System card bearing photograph of the person 04 Yes Yes 5. Driving License 05 Yes Yes 6. Passport 06 Yes Yes 7. Pensioner Photo card 07 Yes Yes 8. National Rural Employment Guarantee Scheme (NREGS) Job card 08 Yes Yes 9. Caste or Domicile certificate bearing photo of the person 09 Yes Yes 10. Certificate of identity/address signed by a Member of Parliament or Member of Legislative Assembly or Municipal Councillor or a Gazetted Officer as per annexure A prescribed in Form 49A 10 Yes Yes 11. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ation of persons (Trusts) Copy of trust deed or copy of certificate of registration issued by Charity Commissioner. 27 Yes Yes C. For Association of persons (other than Trusts) or Body of Individuals or Local authority or Artificial Juridical Person) Copy of Agreement or copy of certificate of registration issued by Charity commissioner or Registrar of Cooperative society or any other competent authority or any other document originating from any Central or State Government Department establishing identity and address of such person. 28 Yes Yes D. For a foreign company 1. Copy of Certificate of Registration or incorporation issued in the country where the applicant is located, duly attested by authorised officials of IFSC banking unit 29 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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