Pan card in nri case - urgent basis
This query is : Resolved
21 August 2013
Dear Sir,
Thank for your reply in advance
Is it mandatory to hold a PAN Card in NRI case.
Even he purchase a property in India, being a NRI.
plz revert in Urgent basis with complete discription
Thank for your reply in advance
Is it mandatory to hold a PAN Card in NRI case.
Even he purchase a property in India, being a NRI.
plz revert in Urgent basis with complete discription
21 August 2013
PAN is mandatory if the purchase value is Rs. 50/- lakhs or more. Refer section 194IA of the Income tax Act,1961 and form 26QB.
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