linking pan card with saving account


This query is : Resolved 

(Querist)
02 August 2017 what if i have not linked pan card with my saving account

02 August 2017 Not compulsory......

Aaaaaa (Querist)
02 August 2017 offence under section 277 income tax act

02 August 2017 Not offence.... However if you deal in such transaction where PAN is compulsory then only offence under Sec 277...

02 August 2017 Mere non linking it with bank a/c not result in offence...

Aaaaaa (Querist)
02 August 2017 If i deposit 49000 4times in a day

02 August 2017 You have to give your PAN in that case.....

Aaaaaa (Querist)
02 August 2017 what if i not give pan

Aaaaaa (Querist)
02 August 2017 is it offence

Aaaaaa (Querist)
03 August 2017 kindly reply

03 August 2017 Penalty upto 10000/- levied u/s 272B

Aaaaaa (Querist)
03 August 2017 272b is related to tds

04 August 2017 Refer Rule 114B of IT Act

Aaaaaa (Querist)
04 August 2017 what is 114b and what is penalty

04 August 2017 Google it & read everything abt it for your clarification.

Aaaaaa (Querist)
04 August 2017 so according to 114b penalty 10000 under 272b

Aaaaaa (Querist)
04 August 2017 can i update pan card in my account now

04 August 2017 Yes...............................


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