Answer

ITR

Using Form 97 when you have no PAN

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  1. Facts

    A person without PAN can give a declaration in Form 97 (old Form 60) for transactions where PAN is required, as the rules allow. For some transactions, such as property above a high value, PAN itself is needed.

  2. Provisions and law

    • Form 97, Income-tax Rules 2026 (old Form 60)Declaration by a person without PAN entering a transaction where PAN is required
    • Income-tax Rules 2026, list of transactions needing PAN (old Rule 114B; Rules 2026 number to be confirmed)Lists transactions where PAN must be quoted, with Form 97 (old Form 60) where a person has no PAN

  3. Analysis

    Form 97 records your details and why you do not have PAN. Example: a homemaker with no taxable income opens a savings account with Form 97. If you later have taxable income or a large transaction, apply for PAN. Giving false details in Form 97 is an offence.

  4. Conclusion

    1. Ask the bank or office for Form 97
    2. Fill identity and address details
    3. Attach proofs as asked
    4. Apply for PAN when needed

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