ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Personal Finance
  • Markets
    • Stocks
    • Global Markets
    • IPO
    • Companies
    • Currency
    • Commodities
  • My Money
  • Web Stories
  • Calculators
    • Income Tax Calculator
    • Home Loan/EMI Calculator
    • Mutual Fund Returns Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • SIP calculator
    • Lumpsum Calculator
    • SWP Calculator
  • Videos
    • M Se Market
    • Jeb Zindagi Zaroorat
    • Light Camera Stocks
    • Tech Takes
    • Big Bulls Ka Nishana
    • Paisa Wasool
    • Commodity Ke MrityunjayMantra
    • The Right Property Show
  • Economy & Infra
    • Policy & Initiatives
    • Agriculture
    • Telecom
    • Aviation
    • Railways
    • Retail
    • Roadways
    • World Economy
  • Exclusive
    • Wealth Guide
    • Interviews
  • Auto
    • Cars
    • Bikes
    • Electric Vehicle
    • Commercial Vehicles
  • Tech
    • Mobiles
    • Gadgets
    • Reviews
    • Tips and Tricks
    • Apps
  • Samco Acers
  • Samco Mission Ace The Index
  • Real Estate
    • Home Buyers
    • Builders
  • Trending
    • Entertainment
    • Politics
    • Lifestyle
    • Travel
    • Sports
    • Viral
    • Education
    • Jobs
Read in App
Business News » India News

Income Tax Dept changes PAN rules for automobile sales above Rs 2 lakh

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Income Tax Dept changes PAN rules for automobile sales above Rs 2 lakh
Representatives of around 80 automobile dealers attended the seminar, where the I-T department apprised them about the changes in the Income Tax Act and Rules from fiscal 2016-17. Representational Image. Image Source: ZeeBiz WebDesk

The Directorate of Income Tax (Intelligence and Criminal Investigation) conducted a seminar on Tuesday on quoting of permanent account number (PAN) in respect of transactions of sale or purchase of automobiles above Rs 2 lakh and furnishing of statement of financial transaction in case of receipt of cash payment exceeding Rs 2 lakh.

The Director General of Income Tax (Intelligence and Criminal Investigation), Ameeta Saini, was given a detailed presentation by the Director of Income Tax (Intelligence and Criminal Investigation), Raman Chopra.

Representatives of around 80 automobile dealers attended the seminar, where Chopra apprised them about the changes in the Income Tax Act and Rules from fiscal 2016-17.

Participants also used the occasion to raise their concerns and were given clarifications on the same, a release issued by the Directorate of Income Tax (Intelligence and Criminal Investigation) said.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
I-T DeptEconomyIncome Tax DepartmentPAN RulesPAN cardIncome Tax Act and RulesDirectorate of Income Taxautomobile sales
Written By: ANI
Updated: Wed, Oct 19, 2016
03:02 pm
New Delhi , ANI
RELATED NEWS
I-T department issued over 2.76 crore PAN cards to individuals in FY14 I-T department issued over 2.76 crore PAN cards to individuals in FY14
Income Tax Department refunded Rs 1.22 lakh crore last year Income Tax Department refunded Rs 1.22 lakh crore last year
I-T dept has unearthed undisclosed income worth Rs 43,000 crore in 2 years: Hasmukh Adhia I-T dept has unearthed undisclosed income worth Rs 43,000 crore in 2 years: Hasmukh Adhia

LATEST NEWS

IND vs AUS WTC Final, Day 4 FREE Live Streaming: When and Where to watch India vs Australia Live Streaming online, Apps and TV Channel details

Sharad Pawar announces Praful Patel, Supriya Sule as NCP working presidents

3 killed in illegal coal mine collapse in Jharkhand's Dhanbad

Avatar 2 to Bloody Daddy: This movie line up is too good to miss

BJP MLA gets relief from HC over controversial remarks against Karnataka CM

Manipur violence: Centre sets up committee in state to facilitate peace-making process

Jobs 2023: Bihar government issues notification for recruiting 21,391 constables

Indian economy can grow for a prolonged period without overheating: CEA Nageswaran

Realme 11 Pro 5G/Realme 11 Pro+ 5G comes to India: Estimated price, storage options, RAM and other key details

Verified content creators on Twitter to be paid for ads in replies, says Elon Musk

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2023. Indiadotcom Digital Private Limited. All Rights Reserved.
LIVE TV