The location of an IT PAN Service Center in any city may be obtained from the local Income Tax Office, any office of UTI/UTIITSL or from the Income Tax department website ( www.incometaxindia.gov.in).
Learn MoreIn order to improve PAN related services, the Income Tax department has authorized UTI Infrastructure Technology Services Ltd (UTIITSL) to set up and manage IT PAN Service Centers in all cities or towns where there is an Income Tax office. For convenience of PAN applicants in big cities, UTIITSL has set up more than one …
Learn MoreThe following categories of persons are not required to obtain or quote PAN: Persons having only agricultural income and do not have any taxable income. Such persons will file a declaration (Form 61) in respect of transactions where quoting of PAN is mandatory; Non-residents; Central Government, State Governments and Consular Offices in transactions in which …
Learn MoreAll existing assesses or taxpayers or persons who are required to furnish a return of income, even on behalf of others, must obtain PAN. Any person, who intends to enter into economic or financial transactions where quoting PAN is mandatory, must also obtain PAN. The Assessing Officer may allot PAN to any person either …
Learn MoreYes, it is compulsory to quote PAN on return of income.
Learn MorePermanent Account Number (PAN) is a ten-digit alphanumeric number, issued in the form of a laminated card, by an Assessing Officer of the Income Tax Department. A typical PAN is AFRPP1595D What is the purpose of having a Permanent Account Number (PAN)? It is mandatory to quote PAN on return of income, all correspondence with …
Learn MoreThe beneficiary customer can obtain the IFSC code from his bank branch. The IFSC code is also available on the cheque leaf. The IFSC code is also available on the RBI website (https://rbi.org.in/scripts/BS_ViewRTGS.aspx). This code number and bank branch details can be communicated by the beneficiary to the remitting customer.
Learn MoreThe remitting customer has to furnish the following information to a bank for effecting a RTGS remittance: Amount to be remitted Remitting customer’s account number which is to be debited Name of the beneficiary bank Name of the beneficiary customer CBS account number of the beneficiary customer * The IFSC Number of the receiving branch …
Learn MoreRTGS Charges : Rs. 2 to 5 Lacs : Rs.25/- + GST Rs. 5 Lacs & above : Rs.50/- + GST NEFT Charges : Up to Rs. 10,000 : Rs.2.5/- + GST Rs. 10,001 to 1 Lacs : Rs. 5/- + GST Rs. 1 Lacs to 2 Lacs : Rs.15/- + GST Above Rs. 2 …
Learn MoreCut off Time : RTGS : 10:00 AM to 5:30 PM NEFT : 10:00 AM to 5:30 PM Online service available 24*7*365 Mobile Banking Internet Banking Settlement Time : RTGS : immediate settled NEFT : In batches of 30 minutes
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