Everything about form 61.

Permanent Account Number or PAN is a very important document for financial transactions. It has a unique 10 character alphanumeric code that is unique for every individual. Pan is issued by department of income tax, Government of India. Pan Card is a very important document that works as an identification tool.

What is form 61and how to file form 61a online?

Form 61 is a form which anapplicant need to submit when he has agricultural income but does not receive any other income that is taxable.  They wish to participate in transactions specified in Clauses (a) to (h) of Rule 114B.Based on the applicant’s requirements, they can choose whether to submit Form 60 or Form 61.

A PAN card is one compulsory document that every Indian citizen must have. If for some reason this was not possible, then they can submit Form 61. This is only applicable for those who derive their income from agriculture.

Form 61a download:

If an applicant does not have a PAN number, they will have to submit either Form 60 or Form 61a for a new pan application. Form 61a downloadonline is possible through its portal or you can get the form offline.

You just need to fill up some information.

  • The name and address of the applicant
  • Details of the transaction
  • Address proof
  • Date, place along with the declarant’s signature

Form 61a will have to be given to the person handling the transactions, such as a manager of the bank during transaction

What is form 60?

An individual who does not hold a PAN number but wishes to enter into transactions mentioned in Rule 114B, will have to submit form 60. Applicants whowish to pay in cash with respect to all transactions mentioned in Clauses (a) to (h) of Rule 114B and not having a general Index Register Number, will have to submit Form 60.

Pan card is a very important document for every tax payers in India. Government has made Pan card mandatory for everyone. If you have an agricultural income but do not have a pan card yet and does not receive any other income that is taxable then you will find every detail about your Pan application over here. Form 61is applicable for you if you do not have a Pan Card and you earn from agriculture.