The conversation between human and AI assistant.
How much amount to fill in amount of transaction column of form 60/61?
Okay, thanks for the information. Is there any limit on the amount that can be mentioned in the form?
Yes, for transactions exceeding Rs. 50,000, PAN card details of the person making the transaction is mandatory to be filled in the form. However, if the transaction is of nature where furnishing of PAN is not mandatory, the limit is increased to Rs. 5,00,000.