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Q2
(CDS-I/2003)
Economy › Government Finance & Budget › Government Finance & Budget
Consider the following financial transactions: I. Purchase of bankers cheques for Rs. 50,000 and above in one day. II. Cash payment of more than Rs. 25,000 for foreign travel at one time. III. Securities transaction of more than Rs. 1,00,000. IV. Cash deposit of more than Rs. 50,000 in any bank account in one day. During which of these transactions is it compulsory to quote Income Tax Permanent Account Number (PAN) ?
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Correct:
D
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