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Notice on Mandatory Quoting of PAN for Form 15G/15H

This notice informs depositors about the mandatory requirement to quote PAN in Form 15G/15H, effective from 01.04.2010. Failure to do so will result in tax deduction at a higher rate of 20%.

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Notice on Mandatory Quoting of PAN for Form 15G/15H

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  1. NOTICE TO DEPOSITORS/CUSTOMERS/GENERAL PUBLIC Information on Mandatory Quoting of PAN Number under New Section Information on Mandatory Quoting of PAN Number under New Section 206AA of the Income Tax Act 206AA of the Income Tax Act As per the section 206AA of the Income Tax Act, w.e.f.01.04.2010, quoting of PAN in Form 15G / 15H has been made compulsory. Hence from 01.04.2010 depositors who are entitled to submit Form 15G /15H are requested to mention their Permanent Account Number (PAN) in the Form 15-G/15- H by enclosing the photocopy of the PAN Card. If PAN is not provided in Form 15G/15H, tax will be deducted at a higher rate of 20%. We assure our best services always and seek your continued patronage. Deputy General Manager Accounts & Taxation Administrative office, Kumbakonam.

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