Quick Checklist
- Self-Attested Address Proof (Electricity Bill/Latest Bank Statement/Mobile Bill) (not older than 2 months)
- Self-attested ID Proof (Driving License/Passport/Voter ID/Adhar Card)
PAN Application
All you need to know
Permanent Account Number (PAN) is a ten-digit alphanumeric number, for eg. AAAAA0000A, issued in the form of a laminated card, by the Indian Income Tax Department, to any “person” who applies for it or to whom the department allows the number without an application.
Procedure for PAN Application
- Online application of PAN can be made on the NSDL website OR UTIITSL website.
- Submit the PAN card application Form 49A available on the NSDL.
- Payment of application fee can be made through credit/debit card, demand draft or net-banking.
- Once the application and payment are accepted, the applicant is required to send the supporting documents through courier/post to NSDL.
- Upon the receipt of documents, PAN application is processed by NSDL and PAN is issued.
PAN enables the department to link all transactions of the “person” with the department. These transactions include tax payments, TDS/TCS credits, returns of income/wealth/gift, specified transactions, correspondence, and so on. PAN, thus, acts as an identifier for the “person” with the tax department.You may get in touch with our compliance manager on 07552761432 or email info@caagrawalkanhere.com for free query.
Features of Permanent Account Number
Points to make your decision easy
Identity
PAN is a nationally accepted proof of identity in India. PAN is unique to every PAN card holder in India. It links all financial transactions made by a particular individual or entity.
Use of PAN
PAN is required usually for bank account opening. It is also mandatory in various transactions beforehand. It is a must that you quote PAN in your Income tax return.
Benefits to NRI
If you are an NRI and wish to claim benefits of non-deduction or lower-deduction in India, you must obtain PAN. For purchasing or selling of property in India, you need PAN.
Documents Required for PAN Application
How to Obtain PAN
5 Easy Steps
1
Complete simple form
2
Verification of Document
3
Submission of Documents
4
Application for PAN
5
You Receive PAN
FAQs On PAN Application
Get answers to all your queries
Permanent Account Number (PAN Card) is considered the most prominent proof of identification. The Indian Tax Department issues the PAN card to monitor income tax returns and regulates the economy. It is, therefore, mandatory for every person Indian or foreigner have the PAN card. The PAN is the mode of identification of government and private organizations recognized in the Know Your Customer norms.
The PAN is mandatory for NRI and investors, and one must give their PAN card deThe PAN is mandatory for NRI and investors, and one must give their PAN card details in their investment activities.
Yes, application for fresh allotment of PAN can be made through the Internet.
No
No. Changing the address or city must be intimated to nearest IT PAN Service Center or TIN Facilitation Center for required correction in PAN databases of the Income Tax department. These requests will have to be made in a form for ‘Request For New PAN Card Or/ And Changes In PAN Data’
