Question

PAN is required for_________.
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Answer 1

Answer:

A penalty of Rs. ... Any person carrying on any business or profession whose total sales, turnover or gross receipts are or is likely to exceed five lakh rupees in any previous year; iii. Any person, who intends to enter into financial transaction where quoting PAN is mandatory, must also obtain PAN.

Explanation:

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Answer 2

ANSWER:

PAN is Required for a Proof of Identity & Address, Registation of Businesses, Financial Transactions, For Filling/Payment of Taxes, etc...

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