India - Income Tax Act 2010 - Saarc

1.653 CH. XIV - PROCEDURE FOR ASSESSMENT S. 139A(5C) Every buyer 86 [or licensee or lessee] referred to in section 206C shallintimate his permanent account number to the 87 [person responsible for collectingtax] referred to in that section.(5D) Every 88 [person] collecting tax in accordance with the provisions of section206C shall quote the permanent account number of every buyer 86 [or licensee orlessee] referred to in that section—(i) in all certificates furnished in accordance with the provisions of subsection(5) of section 206C;(ii) in all returns prepared and delivered or caused to be delivered inaccordance with the provisions of sub-section (5A) or sub-section (5B)of section 206C to an income-tax authority;]89[(iii) in all 90 [***] statements prepared and delivered or caused to bedelivered in accordance with the provisions of sub-section (3) ofsection 206C.](6) Every person receiving any document relating to a transaction prescribedunder clause (c) of sub-section (5) shall ensure that the Permanent AccountNumber 91 [or the General Index Register Number] has been duly quoted in thedocument.(7) No person who has already been allotted a permanent account number underthe new series shall apply, obtain or possess another permanent account number.92[Explanation.—For the removal of doubts, it is hereby declared that any person,who has been allotted a permanent account number under any clause other thanclause (iv) of sub-section (1), shall not be required to obtain another permanentaccount number and the permanent account number already allotted to himshall be deemed to be the permanent account number in relation to fringe benefittax.]93(8) The Board may make rules providing for—(a) the form and the manner in which an application may be made for theallotment of a permanent account number and the particulars whichsuch application shall contain;(b) the categories of transactions in relation to which Permanent AccountNumbers 94 [or the General Index Register Number] shall bequoted by every person in the documents pertaining to such transactions;(c) the categories of documents pertaining to business or profession inwhich such numbers shall be quoted by every person;86. Inserted by the Finance (No. 2) Act, 2004, w.e.f. 1-10-2004.87. Substituted for “seller” by the Finance Act, 2006, w.e.f. 1-4-2007.88. Substituted for “seller”, ibid.89. Inserted, ibid., w.e.f. 1-6-2006.90. Word “quarterly” omitted by the Finance (No. 2) Act, 2009, w.e.f. 1-10-2009.91. Inserted by the Finance (No. 2) Act, 1998, w.e.f. 1-8-1998.92. Inserted by the Finance Act, 2005, w.e.f. 1-4-2006.93. See rules 114 & 114B to 114D and Form Nos. 49A, 60 & 61.94. Inserted by the Finance (No. 2) Act, 1998, w.e.f. 1-8-1998.