............Now, data related with Form 60 is being looked into. The Department has also obtained an enquiry report of the Reserve Bank of India, which identified a number of cases in which neither PAN nor Form 60 was obtained by the banks. Not only this, dummy PAN has been quoted in case of multiple entities, it has been alleged. This issue was discussed in the two-day Annual Conference of Chief Commissioners and Director Generals of Income Tax, inaugurated here by Finance Minister P. Chidambaram on Tuesday.........
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