What are the differences between form 60 and form 61?

Every citizen of India must have the PAN card with them as it is a vital document. This document is used for keeping a steady track on the financial transaction made by the holder. So if you are someone who is not having their PAN card, then you will need to submit the Form 61 or Form 61 for availing it. Form 60: Form 60 is used as the declaration form that is specifically submitted by the individual who is not having a PAN card number but wants to carry out transactions which are registered under the rule of 114b. Any applicant who does not hold the number of General Index Register but still wishes to make the payment in cash by keeping in mind all the clauses that are mentioned from a-h of the rule 114b will need to submit the Form 60. Form 61: This Form should be submitted by an individual who is not having any sort of income which is registered as taxable and is getting money from agricultural income. Whenever they are having the wish of participating in the transactions which have been specified in the clauses from a-h of the rule 114b they can opt for this form. By looking into the requirement of an applicant, one will have to make the decision whether they would like to submit the Form of 60 or Form 61.