Taxes Income Taxes

Pan Mandatory, Jewellery, Gold Transactions

Pan Mandatory,  Jewellery,  Gold Transactions

Description:
PAN mandatory for Rs 5 lakh and above jewellery purchases

Source:
1.  www.tpcc.in

2. The Tax Referencer .Volume120. Issue No.9, 29 August 2011, Page No.10.

Our comment:
All the transactions worth more than Rs. 5 lakhs needs pan no. Which is to know the identity of the purchaser

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