PAN requirement for Form 15H from April 2010
Alex X Gonsalves
(Querist) 24 March 2010
This query is : Resolved
My father a senior citizen, has interest income from Sr Citizen scheme but doesnt have taxable income, earlier while producing Form 15H would get exempted from tds u/s 197 (1c). Now I believe he will require a PAN in addition to Form 15H to get above exemption, from April 2010. Is PAN really required? He is in his mid eighties and seems reluctant to apply for the PAN. Please advice.
mahendrakumar
(Expert) 24 March 2010
dear Alex,
what is the harm in having a PAN as in the days to come more and more transactions will be allowed only with PAN.
last month,i had taken PAN for my father,who is 89 years.
Kumar Thadhani
(Expert) 24 March 2010
Nowadays obtaining PANo. is mandatory in all cases.
