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Entity Pan card

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Dear Team,

My client have a society XYZ and PAN available on the of society. Now he runs a school ABC which is a autonomous body of the said society.

Can he apply for separate pan card for school ABC?
Can he maintain separate books of accounts and can consolidate financial statements at the end of the year?

please suggests.
Replies (1)

1. No.

2. Yes

 


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