Pan card query

This query is : Resolved 

10 August 2019 Hi , company and it's another wholly unit have same pan card, and filling the consolidate return, where profit & loss , asset liabilities of the wholly owned unit is mentioned. Wholly owned unit have trade license and it is mentioned wholly unit &the original company name. Whether it possible that company &wholly owned unit have one pancard & file one consolidated return?

11 August 2019 Yes, it is possible that company &wholly owned unit have one pancard & file one consolidated return.
That unit is owned by the company only and it's not a separate legal entity to have separate PAN.


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