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Add initials Registration Rights Agreement

hi so we'll be starting with lesson 13 your various initial registrations and Licensing now to complete this chapter it's a 19 to 20 Mark chapter and I will be covering entirely in one flow and I want you to take a book and a pen there are certain things that would come like for example certain acts for registrations and licenses you need to pick a book in a pen and write down the key points which will help you build a pi Mark answer so all we need to do is be able to build a 5 Mark answer since I'm doing everything from the module it's possible that questions are framed only from here I have also gone through the past year papers uh the pastel papers are put up in the app as well so you can go ahead and download it so now you just have to hold back stop whatever you're doing keep your module in front of you a book pen and give me approximately one hour I will complete this 20 marker chapter for you with me you will finish so that you don't need to study it again let's start so various initial registry the very first thing that they have given is about a pan card how do you get a pan card what are the documents to be given so I've highlighted key for few a few points now pan card is something all of us have a pan card is issued so what we need to do is to learn a few Ministries who we can write okay so can you tell me in the pan card is issued by which Ministry or which department so I believe you must be knowing it's the income tax department that issues the pan card and in income tax department comes under the Ministry of Finance so we will say a pan is permanent account number is issued by the income tax department Ministry of Finance second it is a number as we all have it is a 10 digit Alpha numerical number so there are alphabets as well as numbers now remember one thing most of your licenses that we'll be doing will be 10 digits numbers which will be alpha numeric good now and also we will write one more line since we know it is connected with the income tax we will quote Income Tax Act 1961 and income tax rules 1962. is this clear so 1961 and 1962 is what we will write so these are all the points that we will write few more points I'll give you now utility of a pan card now it's possible that you all don't need to have a pan card because low income no income tax no pan card so only those who have income uh who have to pay income tax or deduct income tax need to have a pan number it is a unique card issued to...