The correct answer is: A. No
A PAN is a Permanent Account Number that is issued by the Income Tax Department of India to individuals and entities. It is a 10-digit alphanumeric number that is used to identify taxpayers in India. A PAN is required for all financial transactions above a certain threshold, such as opening a bank account, buying a property, or investing in shares.
A person cannot apply for registration without a PAN. This is because the PAN is a unique identifier that is used to track all financial transactions of a taxpayer. Without a PAN, it would be difficult for the government to track the income and expenses of taxpayers. This could lead to tax evasion and other financial crimes.
There are a few exceptions to the rule that a person cannot apply for registration without a PAN. For example, a person who is not a resident of India and does not have a bank account in India can apply for registration without a PAN. However, this person will need to provide other documents, such as a passport or a visa, to prove their identity.
In conclusion, a person cannot apply for registration without a PAN. This is because the PAN is a unique identifier that is used to track all financial transactions of a taxpayer. Without a PAN, it would be difficult for the government to track the income and expenses of taxpayers. This could lead to tax evasion and other financial crimes.