PAN card is mandatory for these transactions. Aadhaar will also do2 min read . Updated: 02 Nov 2019, 08:43 AM IST
- Not just for filing of income tax returns (ITR), PAN card is also mandatory for carrying out several transactions
- You can also use your Aadhaar card number in lieu of PAN card number or sign Form 60
NEW DELHI : Issued by the income tax department through the UTI or NSDL, Permanent Account Number (PAN) card remains valid for your lifetime even if you change your address. To keep a track on tax evasion and black money, the taxman has made it mandatory to quote PAN card number for carrying out several financial transactions. In case you do not hold PAN card, you will have to sign Form 60 declaration.
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