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The
Income Tax Act inter alia requires a person carrying on
any business or profession whose total sales, turnover
or a gross receipt are or is likely to exceed five lakh
rupees in any previous year to secure a Permanent
Account Number (PAN).
In
the circumstances it is hereby directed that henceforth
all applicants for registration under the KVAT Act shall
provide details of their PAN while filing the
application along with a self-attested photocopy of the
same.
In
case the registration is sought in the name of legal
entities like a company or a registered partnership it
shall be sufficient to provide the PAN of that entity.
These
orders shall take immediate effect.
Commissioner
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