alleryStart learning →PAN is quoted for sale or purchase of unlisted company shares above which amount per transaction?
ARs 50,000
BRs 5 lakh
CRs 2 lakh
DRs 1 lakh
Answer & Solution
Correct answer: D. Rs 1 lakh
Rule 114B fixes Rs 1,00,000 per transaction for shares not listed on a recognised stock exchange.
Keep practising Permanent Account Number
Browse all Permanent Account Number questions for CA Final, or explore more Taxation topics.
Related questions
When a new-series PAN is allotted under section 139A(4), the earlier PANUnder section 139A(5)(d), a PAN holder must intimate the Assessing Officer of a change inUnder section 139A(5-A), a person whose income is taxed at source must give PAN toUnder section 139A(1-A), the Central Government may notify classes of persons such asA person audited under another law avoids a second audit only if a CA report is also furniThe higher Rs 10 crore turnover limit for tax audit is available toThe forms for the section 44AB audit report are prescribed under which rule of the Income Form 3CD in a tax audit serves as the