PAN Quoting Threshold Limits for Banking, Property & Cash Deals under Draft Income Tax Rules, 2026

Last updated: 11 February 2026


The Central Board of Direct Taxes (CBDT), through the Draft Income-tax Rules, 2026, has proposed Rule 159, prescribing transactions where quoting or applying for a Permanent Account Number (PAN) is mandatory under sections 262(1)(f), 262(10)(c) and 262(10)(e) of the Income-tax Act, 2025. The rule a

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