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Query 20211017 on Income Tax

Venkat (NA) (76 Points)

17 October 2021  

Hi ! , 

Do registration of immovable property less than ₹ 50 lacs require PAN card of Buyer & Seller..

If so , for what purpose is it required ? 

Regards 

Venkat


 3 Replies

Janak Shah (ca) (554 Points)
Replied 17 October 2021

Yes it's required irrespective of the transaction amount since PAN is required for registration of property on your name and payment of stamp duty.
1 Like

Venkat (NA) (76 Points)
Replied 17 October 2021

Okay , Thanks

Sourav (Student) (23801 Points)
Replied 18 October 2021

Yes Pan is required

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