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PAN is quoted for an immovable property deal when the value exceeds

ARs 1 lakh
BRs 2 lakh
CRs 10 lakh
DRs 50 lakh
Answer & Solution
Correct answer: C. Rs 10 lakh
Rule 114B covers property sale or purchase above Rs 10,00,000, or a stamp valuation above that amount.
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