See Second Proviso to Rule 114bfillup Form
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People also ask
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What is the declaration form if PAN card is not available?
Form 60 is to be submitted if you do not possess a PAN Card. Mentioned below are the essentials of Form 60 which you must be aware of. You will have to produce Form 60 for the following situations given below: Any purchase or sale on an immovable property which is worth Rs.
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How to fill form no 60?
Information Needed to Fill Form 60 First, middle, and last names. Date of Birth in DDMMYYYY. Father's First, Middle, and Last Name. Official address – Flat/Room No., Floor No., Name of Premises, Block Name/No., Road/ Street/ Lane, Area/ Locality, Town/ City, District, State, Pin code. Telephone and Mobile Numbers.
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What is a declaration in lieu of PAN?
Form 60 is a declaration that should be filed by an individual who does not have a PAN card and who enters into any transaction specified in rule 114B of the Income-tax Rules, 1962. Hence, anyone who does not have a PAN while entering into certain transactions must file Form 60.
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What is the declaration for not having PAN?
Form 60 is a declaration that is required to be submitted in lieu of PAN in case of a certain specified transaction.
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What to do if PAN card is not available?
Inform the Income Tax Department: Secondly, you can contact the Income Tax Department and inform them. You can call their helpline or send an email with the details of your lost PAN card. Apply for a Duplicate PAN Card Online: Once you have reported, the next step is to apply for a duplicate PAN card online.
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What is the form for declaration to be filed by an individual or a person?
Form 60 is a declaration that must be filed by a person (not being a company or a firm) or a foreign company covered under the third provision of Rule 114B of the Income Tax Rules, 1962.
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What is form 60 or 61?
Form 60 will be a valid alternative to PAN if the applicant has income that comes under the taxable income category. Form 61 will be a valid alternative to PAN if the applicant has only agricultural income and does not have any other sources of income which is taxable.
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What is the rule 114B for pan?
Rule 114B lists down the documents in which PAN is required to be quoted while entering into specified transactions/activities. Persons who do not have PAN are exempted from quoting PAN on furnishing a declaration in Form 60. Rule 114C lists the persons to whom section 139A does not apply.
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