Buying gold, car or shares over 2 lakh? PAN now mandatory for these transactions under new tax rules, check where Form 97 now applies
If you are planning to buy gold jewellery worth more than Rs 2 lakh or open a demat account without a PAN, the new income tax framework has an important update for you. From April 1, old Form 60 has been replaced by Form 97, but PAN remains compulsory for several high-value purchases and financial…