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Is PAN number is necessary


Singh Kamboj   29 May 2020

Singh Kamboj

 12 likes  293 points

| My Other Post

one lady sold her agriculture land during the FY 2012-13 and purchased another agriculture land in some another district from the sale proceeds. She is not filing income tax return as she has no PAN number. but in the month of march 2020 ITO of district in which lady sold land send notice regarding furnish pan number, income tax returns and detail of above said proceeds. what can I do regarding this.

avater

Raj C Doshi (Practising CA)     30 May 2020

Raj C Doshi
Practising CA 
 288 likes  4093 points

View Profile | My Other Post

Apply for PAN to increase credibility and then furnish details about the sale purchase and transactions viz bank summary etc


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