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FORM NO. 60 See second provision to rule 114B Form of declaration to be filed by a person who does not have either a permanent account number and who enters into any transaction specified under rule
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How to fill out form no 60
How to fill out form no 60:
01
Start by obtaining a form no 60 from the relevant authority or website.
02
Fill in your personal details accurately, including your full name, address, date of birth, and contact information.
03
Provide your occupation, income details, and the source of income.
04
Submit any supporting documents that may be required, such as identity proof or address proof.
05
Double-check all the information filled in the form for accuracy and completeness.
06
Sign the form and date it before submitting it to the designated authority or organization.
Who needs form no 60:
01
Form no 60 is required for individuals who do not have a permanent account number (PAN) but need to undertake specific financial transactions.
02
It is typically applicable for those who are not eligible to obtain a PAN or are exempted from obtaining one.
03
Form no 60 is used for various purposes, such as opening a bank account, making large cash deposits, or conducting high-value transactions, as mandated by the relevant authorities.
04
It is essential for individuals involved in financial activities requiring identification and verification, ensuring compliance with anti-money laundering and tax regulations.
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What is form no 60?
Form no 60 is a declaration form issued by the Income Tax Department for individuals who do not have a PAN card.
Who is required to file form no 60?
Individuals who do not have a PAN card and undertake transactions specified in Rule 114B of the Income Tax Rules, are required to file form no 60.
How to fill out form no 60?
Form no 60 can be filled out manually or online, providing details such as name, address, occupation, and transaction details.
What is the purpose of form no 60?
The purpose of form no 60 is to declare transactions undertaken by individuals who do not have a PAN card to the Income Tax Department.
What information must be reported on form no 60?
Form no 60 requires details such as name, address, nature of transactions, and declaration that the individual does not have a PAN card.
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