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Income Tax Act and Rules

Income Tax Dept changes PAN rules for automobile sales above Rs 2 lakh

Income Tax Dept changes PAN rules for automobile sales above Rs 2 lakh

Wed, Oct 19, 2016

The Directorate of Income Tax (Intelligence and Criminal Investigation) conducted a seminar on Tuesday on quoting of permanent account number (PAN) in respect of transactions of sale or purchase of automobiles above Rs 2 lakh and furnishing of statement of financial transaction in case of receipt

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