Sumit Phadnis (Lawyer) 04 February 2009
Dear Lawyers,
I need a small clarification to be sought. Will a Apartment owners welfare association established under Societies regn act require PAN/ TAN registration.(Karnataka State) I want this to be clarified since I am the Secretary of my apartment complex and I want to take up this compliance if required under law. Can you check and let me know.
Sumit Phadnis
Rajendran Nallusamy (Advocate) 04 February 2009
All existing assessees or taxpayers or persons who are required to file a return of income, even on behalf of others, must have a PAN. Any person, who intends to enter into economic or financial transactions where quoting PAN is mandatory, must also have a PAN
Sumit Phadnis (Lawyer) 06 February 2009
Thanks for information
upendra kumar sharma (Legal Advisor) 06 February 2009
the given information is true.
upendra
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