There are certain specified financial transactions in which quoting of PAN is mandatory. If a person intending to enter into such transaction does not hold PAN then, he has to furnish;

Related MCQs

• Mr. A is not a citizen of India. He wants to apply for PAN in India and he has consulted you to provide him the applicable form for application of PAN. What would be correct Form;
• When a transaction has not been recorded in the books of account either wholly or partially such errors are called _______.
• In case the Key man insurance policy is taken in name of any other person any sum received on its maturity by such person shall be taxable under the head -
• Because of Death of his Son Mr. Salman could not file Quarterly statement for TDS Deducted. As there is a reasonable cause for such failure which of the following will not be levied:
• Sole proprietary concerns are ______ to get their financial statements audited by independent financial auditors.
• ……………….. is a method of organising the accounting system of a business concern or a factory by which the duties of various clerks are arranged in such a way that the work of one person is automatically checked by another.
• Mr. X has started has business from 1st Sept '16 and does not have any other source of income. His first previous year will start from
• …………. is the examination of all documentary evidence which are available to support the authenticity of transactions entered in the client’s records.
• In the case of a company in which not less than _______% of the subscribed share capital is held whether singly or in combination by certain special institutions and bodies, the appointment or re-appointment of auditors shall be made at each annual general meeting by a special resolution.
• Describe the status of the following person (i.e. individual, HUF, Firm, Company etc.) X and Yare legal heirs of Z. Z died in 2018 and X and Y carry on his business without entering into a partnership.