Pan

This query is : Resolved 

15 September 2011
Dear sir,

Mr x is a persom he had recived a cheque of amt rs 91000/- from chit fund company if he deposit the cheque pan card is neceesary ?

If he does not have pan card Then what is the circumtances?

21 September 2011 PAN card is required only for depositing CASH of Rs. 50,000/- or more in the bank. PAN is not required for depositing cheque, whatever may be the amount.


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