Yes, the principal assessee is required to have a PAN card. PAN (Permanent Account Number) is a unique 10-digit alphanumeric identification number issued by the Income Tax Department of India. It is mandatory for those who conduct financial transactions, including filing income tax returns. The principal assessee, who is responsible for reporting and paying taxes on behalf of themselves or their organisation, must have a valid PAN card.
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Is the principal assessee supposed to have a PAN card?
MIRZA AMIRULLAH BEG
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2023-05-14T20:59:44+00:00 2023-05-24T11:38:46+00:00Comment
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