PAAO and PEVR
This query is : Resolved
25 November 2021
what does PAAO and PEVR means in iepf5
09 July 2024
In the context of IEPF-5, which deals with the application form for claiming refund from the Investor Education and Protection Fund (IEPF), the terms "PAAO" and "PEVR" stand for:
1. **PAAO**: This stands for "Practicing Authority Authorized Officer". In the IEPF-5 form, this refers to the practicing authority who has authorized the officer to sign and submit the claim application on behalf of the claimant.
2. **PEVR**: This stands for "Practicing Entity Verification Report". It is a report or verification provided by the practicing authority regarding the authenticity and accuracy of the claim application submitted under IEPF-5. This report is crucial for verifying the legitimacy of the claim before it is processed further by the authorities handling the IEPF.
These terms are specific to the processes and requirements outlined by the Investor Education and Protection Fund Authority (IEPFA) for handling claims related to unclaimed dividends, matured deposits, and other amounts transferred to the IEPF. Understanding these terms helps ensure that claimants and their authorized representatives comply with the necessary procedures to successfully claim refunds from the IEPF.
1. **PAAO**: This stands for "Practicing Authority Authorized Officer". In the IEPF-5 form, this refers to the practicing authority who has authorized the officer to sign and submit the claim application on behalf of the claimant.
2. **PEVR**: This stands for "Practicing Entity Verification Report". It is a report or verification provided by the practicing authority regarding the authenticity and accuracy of the claim application submitted under IEPF-5. This report is crucial for verifying the legitimacy of the claim before it is processed further by the authorities handling the IEPF.
These terms are specific to the processes and requirements outlined by the Investor Education and Protection Fund Authority (IEPFA) for handling claims related to unclaimed dividends, matured deposits, and other amounts transferred to the IEPF. Understanding these terms helps ensure that claimants and their authorized representatives comply with the necessary procedures to successfully claim refunds from the IEPF.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CG Tax On residential property
- Post Office RD Interest
- Applicable TDS for Purchase of Flat from NRI
- Eway bill for machinery reparing
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- Gift of mutual fund units to daughter
- Not able to file ITR
- NRI ITR2 account in 2025-26 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,.
- Annual return of gst limit
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
