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
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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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