Form 61
Form 61 PAN is a declaration which is to be filled by an individual whose source of income is from agriculture and is not receiving income in any other form that is taxable, as per the transactions mentioned in the Clauses (a) to (h) Rule 114B of Income Tax Act 1962.
Form 61 can be filled both online and offline. All applicant needs to do is provide certain information that is required, and it includes:
| FORM 60 | FORM 61 |
|---|---|
| This declaration needs to be submitted by an individual who does not have a PAN card but want to make transactions mentioned in Rule 114B. | This declaration needs to be submitted by applicants who have agricultural income but does not receive any other taxable income. |
| Applicant who do not have Register number but wishes to pay in cash for all the transactions mentioned in clauses (a) to (h) of Rule 114B, will have to submit Form 60. | All those who wishes to make participation in transactions specified in Clauses (a) to (h) of Rule 114B. |
Based on requirement of applicant, they will have to make decision whether to submit Form 60 or 61.
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FAQ’s
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