Permanent Account Number or PAN is issued by income tax department in India. Now it’s mandatory to quote a Permanent Account Number or PAN while filing your income tax return in India.
PAN is also required to be quoted in transactions such as cash deposit of more than Rs 50, 000, sale, purchase of immovable property or motor vehicle and other transactions mentioned in the Income tax Act.
Below in our article we will be showing your steps on how to apply for a permanent account number or PAN.
Applying for Permanent Account Number or PAN
Applicants may obtain the application form for Permanent Account Number (Form 49A) from any IT PAN Service Centers (managed by UTIITSL) or TIN-Facilitation Centers (TIN-FCs)/PAN Centers (managed by NSDL), or any other stationery vendor providing such forms
Applying for a Permanent Account Number through TIN Facilitation Center
NSDL has created many TIN facilitation center across India to facilitate the PAN application process. Now all most all cities have this center. A person wanted to apply through a TIN Facilitation center need to visit the center and fill out the application form.
Documents Required to Apply for a Permanent Account Number
It is mandatory to attach proof of identity and proof of address with Permanent Account Number application form 49A.
Documents should be in the name of the Applicant. List of documents which will serve as proof of identity and address for each status of applicant is as given below:
Document acceptable as proof of identity and address as per Rule 114 of Income Tax Rules, 1962;
|Documents required for Individuals and HUF|
|SR. N||Proof of Identity (Copy of)||Proof of address (copy of)|
|1||School Leaving Certificate||Electricity Bill*|
|2||Matriculation Certificate||Telephone Bill*|
|3||Degree of recognized educational institution||Employer Certificate*|
|4||Depository Account Statement||Employer Certificate*|
|5||Bank Account Statement / Passbook||Bank Account Statement / Passbook*|
|6||Credit Card||Credit Card Statement*|
|7||Water Bill||Rent Receipt*|
|8||Ration Card||Ration Card|
|9||Property Tax Assessment Order||Property Tax Assessment Order|
|11||Voter Identity Card||Voter Identity Card|
|12||Driving License||Driving License|
|13||Certificate of identity signed by Member of Parliament or Member of Legislative Assembly or Municipal Councilor or Gazetted Officer in theprescribed format||Certificate of address signed by Member of Parliament orMember of Legislative Assembly or Municipal Councilor orGazetted Officer in the prescribed format|
|Note :-1. In case of Minor, any of the above mentioned documents as proof of identity and address of any of parents/guardians of such minor shall be deemed to be the proof of identity and address for the minor applicant.2. For HUF, an affidavit made by the Karta of Hindu Undivided Family stating name, father’s name and address of all the coparceners on the date of application and copy of any of the above documents in the name of Karta of HUF is required.||Note:1. Proof of Address is required for residence address mentioned in item no. 7.2. In case of an Indian citizen residing outside India, copy ofBank Account Statement in country of residence or copy ofNon-resident External(NRE) bank account statements.|
|Other than Individuals and HUF|
|1.||Company||Copy of Certificate of Registration issued by the Registrar of Companies.|
|2.||Partnership Firm||Copy of Certificate of Registration issued by the Registrar of Firms or Copy of partnership deed.|
|3.||Limited Liability Partnership||Copy of Certificate of Registration issued by the Registrar of LLPs|
|4.||Trust||Copy of trust deed or copy of certificate of registration number issued by Charity Commissioner.|
|5.||Association of Person, Body ofindividuals, Local Authority, or ArtificialJuridical Person||Copy of Agreement or copy of certificate of registration n umber issued by charity commissioner or registrar of cooperative society or any other competent authority or any other document originating from any Central or State Government Department establishing identity and address of such person.|
Signature on the PAN Application Form 49A
Application must be signed by
- the applicant; or
- Karta in case of HUF; or
- Director of a Company; or
- Authorized Signature in case of AOP, Body of Individuals, Local Authority and Artificial Juridical Person; or
- Partner in case of Firm/LLP; or
- Trustee; or
- Representative Assessee in case of Minor/deceased/idiot/lunatic/mentally retarded.
Applications not signed in the given manner and in the space provided are liable to be rejected.
Processing fees for issuing Permanent Account Number
The processing fees for issuing Permanent Account Number Card are as follows:
- Rs. 105 if dispatch of PAN Card is in India.
- Rs. 971 if dispatch of PAN Card is outside India.
(Both the above charges are inclusive of service tax.)