1) Sale/purchase of motor vehicle
2) Sale/purchase of any immovable property of Rs. 5 Lacs or more
3) Deposit exceeding Rs. 50,000/ - in any post office
4) Fixed Deposit exceeding Rs. 50,000/- in any bank
5) Sale/purchase of Securities exceeding Rs. 1,00,000/-
6) Opening an Account with any Bank
7) Application for a telephone connection (including a mobile telephone connection)
8) Payment to hotels and restaurants against their bills for an amount exceeding Rs. 25,000/- at any one time
9) Payment in cash for purchase of bank drafts or pay orders or banker's cheques for an amount aggregating Rs. 50,000/- or more during any one day
10) Cash deposit in cash aggregating Rs. 50,000/- or more, with a banking company during any one day
11) Payment in cash for any foreign country travel exceeding Rs. 25,000/- at any one time.
12) Application to any bank for issue of a credit or debit card;
13) Payment of an amount of Rs. 50,000/- or more to a Mutual Fund for purchase of its units
14) Payment of an amount of Rs. 50,000/- or more to a company for acquiring shares issued by it
15) Payment of an amount of Rs. 50,000/-or more to a company or an institution for acquiring debentures or bonds issued by it
16) Payment of an amount of Rs. 50,000/- or more to the Reserve Bank of India, for acquiring bonds issued by it
17) Payment of an amount aggregating Rs. 50000/- or more or more in a year as life insurance premium
18) Payment to a dealer for purchase of bullion or jewellery, of an amount of Rs. 5 Lacs or more at any time
If any person does not have PAN No., he/she need to file declaration Form No. 60 for such transaction. Hence, your every transaction can be tracked down by the department.
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