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What is the Basic limit of PANCARD for sale purchase of immovable property?
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Chapter No. 11 - PERMANENT ACCOUNT NUMBER [SECTION 139A and RULE 114]

  1. What is the Basic limit of PANCARD for sale purchase of immovable property?

Answer :The Basic limit of PANCARD for sale/purchase of immovable property valued at ₹ 5 Lakhs or more. [139A(5)c) and Rule 114B].

 

Dated: 15-12-2015

 

  1. Manual - Permanent Account Number (PAN) - Section 139A - General Provisions
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