Pan required

My uncle is a business man. What is the threshold amount above which PAN is required from any Sundry creditors. please also quote the section under which it is done.

Thanks
Replies (2)
Quick Summary
This discussion clarifies the threshold for requiring a PAN card from sundry creditors. It's generally understood that a PAN is needed for payments exceeding Rs 2 lakhs. While PANs are often linked to GSTN, confirming this requirement is still advisable for compliance.

If the amount exceeds 2 lakhs
Pan these days are already in gstn of any creditor so no need to ask for PAN

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