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Banks get time till June 30 to obtain PAN from account holders

Banks get time till June 30 to obtain PAN from account holders

Friday, April 7, 2017, 3:22 PM

The tax-department has given banks three more months till June 30 to obtain (PAN) or Form-60 from all account holders as it looks to tighten the noose around evaders. Though the deadline for getting the PAN or Form 60 (if PAN is not available) by banks ended on February 28, the tax-department on April 5 notified the extension of the time till June 30.
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