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  • Form No 60 See Second Proviso To Rule 114b Form For

Get Form No 60 See Second Proviso To Rule 114b Form For

INCOMETAX RULES, 1962 FORM NO. 60 See second proviso to rule 114B Form for declaration to be filed by an individual or a person (not being a company or firm) who does not have a permanent account.

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How to fill out the FORM NO 60 See Second Proviso To Rule 114B Form online

Filling out FORM NO 60 is essential for individuals who do not possess a permanent account number and engage in specific transactions. This guide provides a clear, step-by-step approach for completing this form online, ensuring you have all the necessary information at hand.

Follow the steps to complete the FORM NO 60 easily and effectively.

  1. Click ‘Get Form’ button to obtain the form and open it in the appropriate online interface.
  2. In the first section, enter your first name, middle name (if applicable), surname, and the date of birth in the required format.
  3. Provide your father’s name if you are an individual declarant, filling in the first, middle, and surname fields.
  4. Complete your address by entering your flat or room number, floor number, name of the premises, block name/number, road/street/lane, area/locality, town/city, district, and pin code.
  5. Input your telephone number with the STD code and your mobile number.
  6. Indicate the number of people involved in the transaction if it is in joint names.
  7. Enter the date of the transaction as well as the mode of transaction by selecting from the provided options (e.g., cash, cheque, online transfer).
  8. If applicable, provide your Aadhaar number issued by UIDAI.
  9. If you have applied for a PAN but it has not yet been generated, include the date of application and the acknowledgment number.
  10. Estimate your total income for the financial year in which the transaction occurs, including any income of your spouse or minor child.
  11. Detail any agricultural income and other types of income in the given sections.
  12. Provide information about documents that support your identity and address, ensuring to reference the instructions regarding acceptable documents.
  13. In the verification section, confirm that the information provided is true, sign, and include the date and place of verification.
  14. Review the completed form, then save your changes, download a copy, print, or share the form as needed.

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Section 139(A)(5)(c) and Rule 114B – 18 Transactions in which Quoting PAN is Compulsory. Section 139A(5)(c) of Income tax act states that PAN is required to be quoted on transactions prescribed by CBDT. In such case, the seller of goods/services has to collect PAN from the buyer.

In case an individual who enters into any transactions mentioned in Rule 114B is a minor and does not have an income that is chargeable to income tax, he/she will have to quote the permanent account number of his/her father/mother/guardian in the document pertaining to the transaction.

This section provides that where a person who is required to intimate his Aadhaar under subsection (2) of section 139AA fails to do so on or before a notified date, he shall be liable to pay a fee not exceeding a sum of one thousand rupees, as may be prescribed, at the time of making intimation under sub-section (2) of ...

As per second proviso of Rule 114B (Transactions in relation to which Permanent Account Number is to be quoted in all documents for the purpose of clause (c) of sub-section (5) of section 139A of the Income-tax Rules, 1962 (here under referred to as the Rules), any person who does not have a Permanent Account Number ...

In case an individual who enters into any transactions mentioned in Rule 114B is a minor and does not have an income that is chargeable to income tax, he/she will have to quote the permanent account number of his/her father/mother/guardian in the document pertaining to the transaction.

114E. (1) The statement of financial transaction required to be furnished under sub-section (1) of section 285BA of the Act shall be furnished in respect of a financial year in Form No. 61A and shall be verified in the manner indicated therein.

Rule – 114C, Verification of Permanent Account Number in transactions specified in rule 114B. (a) a registering officer or an Inspector-General appointed under the Registration Act, 1908 (16 of 1908);

Some key information that needs to be filled in Form 60 includes: Full name and address of the declarant. Date of birth of the declarant and name of Father (in case of an individual) Full Address of the declarant with mobile number. Particulars of the transaction and the amount of the transaction.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232