by Audit Analyst | Dec 17, 2025 | PAN
What Is the PAN Requirement for Large Transactions in India? The Income Tax Department mandates the quoting of PAN (Permanent Account Number) for specific high-value transactions to promote financial transparency and reduce tax evasion. PAN helps track and match...
by Audit Analyst | Dec 17, 2025 | PAN
Can I Pay Rent Without Quoting PAN in India? While you can technically pay rent without quoting PAN in informal arrangements, Indian income tax rules require PAN disclosure in certain rent-related transactions. Both tenants and landlords may face compliance challenges...
by Audit Analyst | Dec 17, 2025 | PAN
Is PAN Mandatory for Property Purchases in India Yes, PAN (Permanent Account Number) is mandatory for purchasing or selling immovable property in India above a specified threshold. It is a regulatory requirement under the Income Tax Rules (Rule 114B) and aims to bring...
by Audit Analyst | Dec 17, 2025 | PAN
What Is the PAN Grievance Redressal Contact in India? The Government of India provides dedicated grievance redressal channels for resolving issues related to PAN (Permanent Account Number). These services are handled by authorized service providers — NSDL (Protean)...
by Audit Analyst | Dec 17, 2025 | PAN
Can I Merge Multiple PAN Cards in India? No, the Income Tax Department does not allow the merging of multiple PAN cards. As per Indian tax laws, every individual or entity is legally permitted to have only one PAN. If you have been allotted more than one PAN, you are...
