RTO Form 60 - Meaning, How to Fill, Submit & Download

Imagine you need to conduct a high-value transaction as specified in Rule 114B under section 139A of the Income Tax Act, 1961. But since you do not have a PAN (Permanent Account Number) Card, you are unable to enter this transaction. The Government of India has also made it mandatory to provide this card due to reasons like keeping track of tax evasions, tax frauds, and illegal transactions. Here is where the Form 60 enters as a valuable document—helping you carry out purchases like vehicular transactions or even buying a car, making a large bank deposit, or purchasing property.

To further understand what Form 60 is, the guide below covers all these aspects, including when it is required and how to download, fill, and submit it properly with the required documents.

What is RTO Form 60?

The form that must be filed by individuals when they carry out any transactions listed in Rule 114B of the Income Tax Rules, 1962, and do not own a PAN card is known as Form 60. This is primarily meant for individuals, not companies/firms, and usually is for those who have not applied for a PAN card yet or those who have applied for one, but the allotment is pending.

Transactions Permitted by Form 60

If individuals do not possess a PAN Card and need to carry out any of the following transactions listed under Rule 114B, then Form No. 60 can be filed:

Note: If you wish to buy car insurance online, check with your insurance provider if you can use RTO Form 60.

Step-by-Step Guide to Downloading Form 60

To understand the process for Form 60 download, check out the points given below:

• Step 1: Visit the official website of the Income Tax Department.


• Step 2: From the top menu, click on “Forms/Download”.


• Step 3: From the drop-down menu, choose “Income Tax Forms”.


• Step 4: You will see a list of different income tax forms.


• Step 5: Find and select “Form No. 60”.


• Step 6: Click on the form, and it will automatically download to your device.

How to Fill RTO Form 60?

To understand how to fill Form 60, certain essential details are required to be kept ready. These include:

• Your full name (the person making the declaration).


• Your complete residential address.


• Your date of birth and your father’s name (for individuals only).


• Your full address, along with your mobile phone number.


• Details of the RTO transaction you are making, including the amount involved.


• The place where you filed your income tax returns (if applicable).


• Your Aadhaar number, if you have one.


• If you have applied for a PAN but have not received it yet, provide the acknowledgement number and the date when you applied.

Also Read: Driving Licence Without Test: Step-by-Step Guide to the New Rules

Required Documents for Form 60 Submission

After the Form 60 download process, there are certain documents you need to attach while submitting this form to validate it. These are:

When Should You Not Use Form 60?

• If you already have a PAN card, you must use your PAN instead of Form 60.


• You cannot fill out Form 60 on behalf of someone else or use it in another person’s name.


• Form 60 is only for Indian citizens. If you are an NRI (Non-Resident Indian) or a foreign national, you have to follow different rules for financial transactions.

Conclusion

In all, Form No. 60 is crucial to allow individuals who do not have a PAN Card to carry out financial transactions such as buying vehicles, opening bank or demat accounts, or purchasing property. This helps purchase high-value assets while also complying with tax regulations. It is necessary to understand how to download, fill out, and submit Form 60 correctly with the required attached documents.

For vehicular transactions, such as how to buy car insurance online without a PAN Card, check with your insurance provider in advance if Form 60 can be used.