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Form 60
what is the use of this form
Replies (3)
this form is a declaration that I have not got/applied for my pan card till now. Whenever I receives the card, I will provide you at the earliest. But in bank, form 60 will deduct tds @ 20 % instead of 10% on interest income.
It is used by an adult which earns income but doesn't have pan card. So when such person files return he have to fill form 60also
Form 60 required to submit every year or only at time of account opening
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