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	<title>reporting of cash transactions Archives - Tax Heal</title>
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		<title>PANs and reporting of cash transactions</title>
		<link>https://www.taxheal.com/pans-reporting-cash-transactions.html</link>
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		<dc:creator><![CDATA[CA Satbir Singh]]></dc:creator>
		<pubDate>Wed, 18 Jan 2017 03:56:32 +0000</pubDate>
				<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[reporting of cash transactions]]></category>
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					<description><![CDATA[<p>PANs and reporting of cash transactions The Central Board of Direct Taxes issued guidance with respect to permanent account numbers (PANs) reflecting the links to bank accounts with PAN/Form No. 60. The rules were also amended to provide details of bank accounts in which cash deposits were made during the demonetisation period and making this… <span class="read-more"><a href="https://www.taxheal.com/pans-reporting-cash-transactions.html">Read More &#187;</a></span></p>
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										<content:encoded><![CDATA[<h1 style="text-align: center;"><strong>PANs and reporting of cash transactions</strong></h1>
<p>The Central Board of Direct Taxes issued guidance with respect to permanent account numbers (PANs) reflecting the links to bank accounts with PAN/<a href="http://taxheal.com/form-no-60-download-no-pan-and-rule-114b-transaction.html" target="_blank">Form No. 60.</a> The rules were also amended to provide details of bank accounts in which cash deposits were made during the demonetisation period and making this information available to tax officers. Read a <a href="https://home.kpmg.com/content/dam/kpmg/xx/pdf/2017/01/tnf-india-jan16-2017.pdf" target="_blank">Report on PANs and reporting of cash transactions</a> [PDF 327 KB] of KPMG</p>
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