PAN Permanent Account Number

PAN Permanent Account Number (8)

WHAT IF MY PAN LOSTS:-

If the PAN card is lost then you can apply for duplicate PAN card by submitting the Form for "Request for New PAN Card or/ and Changes or Correction in PAN Data" and a copy of FIR may be submitted along with the form.

If the PAN card is lost and you don't remember your PAN, then in such a case, you can know you PAN by using the facility of "Know Your PAN" provided by the Income Tax Department. This facility can be availed of from the website of Income Tax Department - www.incometaxindia.gov.in

You can know your PAN online by providing the core details like Name, Father's Name and Date of Birth. After knowing the PAN you can apply for duplicate PAN card by submitting the "Request For New PAN Card Or/ And Changes Or Correction in PAN Data".

WHOM TO CONTACT FOR ANY ENQUIRY:-

The Income Tax Department or NSDL can be contacted in any of the following means

Mode

Income Tax Department

NSDL

Website

www.incometaxindia.gov.in

www.tin-nsdl.com

Call Center

1800-180-1961

020-27218080

Email ID

 

This email address is being protected from spambots. You need JavaScript enabled to view it.

SMS

 

SMS NSDLPAN <space> Acknowledgement No. & send to

57575 to obtain application status.

Address

 

INCOME TAX PAN SERVICES UNIT (Managed by NSDL e-Governance

Infrastructure Limited), 5th Floor, Mantri Sterling, Plot No. 341, Survey

No. 997/8, Model Colony, Near Deep Bunglow Chowk, Pune - 411 016.

 

Transactions for which PAN is compulsory:-

Following are the specified financial transactions in which quoting of pan is mandatory:

• Sale or purchase of any immovable property valued at five lakh rupees or more 

• Sale or purchase of a motor vehicle or vehicle (other than two wheeler vehicles).

• making a time deposit with a banking company exceeding fifty thousand rupees or deposit in post office savings bank exceeding fifty thousand rupees.

• making an application for telephone connection including cellular telephone.

• payment in cash for purchase of bank drafts or pay orders or banker's cheques for an amount aggregating to fifty thousand rupees or more during  any one day or deposit in cash aggregating to fifty thousand rupees or more with a bank during any one day.

• A contract of a value exceeding one lakh rupees for sale or purchase of securities.

• Opening of a bank account. In case of a minor, pan of father, mother or guardian, as the case may be, shall be mentioned.

• Payment to hotels and restaurants against their bills for an amount exceeding twenty-five thousand rupees at any one time.

• payment in cash in connection with travel to any foreign country of an amount exceeding twenty-five thousand rupees at any one time.(travel to foreign country does not include travel to Bangladesh, Bhutan, Maldives, Nepal, Pakistan, or Sri Lanka, or travel to Saudi Arabia for haj or travel to china on pilgrimage to Kailash Mansarover.) 

• making an application for issue of credit card or debit card.

• Payment of an amount of fifty thousand rupees or more to a mutual fund for purchase of its units.

• Payment of an amount of fifty thousand rupees or more to a company for acquiring shares issued by it.

• Payment of an amount of fifty thousand rupees or more to a company or an institution for acquiring debentures or bonds issued by it.

• payment of an amount of fifty thousand rupees or more to the reserve bank of India for acquiring bonds issued by it.

• Payment of an amount aggregating fifty thousand rupees or more in a year as life insurance premium to an insurer.

• Payment to a dealer:

(i) Of an amount of five lakh rupees or more at any one time; or

(ii) Against a bill for an amount of five lakh rupees or more for purchase of bullion or jewellery

A person not holding pan and intending to enter into the above specified transactions can furnish form no. 60 (form 61 in case of person having only agricultural income). 

PENALTY FOR HOLDING MORE THAN ONE PAN:-

A person cannot hold more than one PAN. If a PAN is allotted to a person, then he cannot apply for obtaining another PAN. A penalty of Rs.10,000/- is liable to be imposed under​​Section 272B of the Income-tax Act, 1961 for having more than one PAN.

If a person has been allotted more than one PAN then he should immediately surrender the additional PAN card(s).

PENALITY FOR NON COMPLIANCE OF PROVISIONS OF PAN:-

SECTION 272B provides for penalty in case of default by the taxpayer in complying with the provisions relating to PAN, i.e., not obtaining PAN, even though he is liable to obtain PAN or knowingly quoting incorrect PAN in any prescribed document in which PAN is to be quoted or intimating incorrect PAN to the person deducing tax or person collecting tax. Penalty of Rs.10,000 undersection 272B can be levied

HOW TO APPLY FOR FURTHER CHANGES IN PAN:-

However, any change in the PAN database (i.e. details provided at the time of obtaining PAN) should be intimated to the Income Tax Department by furnishing the details in the form for “Request For New PAN Card Or/ And Changes or Correction in PAN Data

 

HOW TO APPLY FOR PAN:-

  • Application by assesse on a plain paper will not be entertained.
  • A person wishing to obtain PAN can apply for PAN by submitting the PAN application form (Form 49A/49AA) along with the related documents and prescribed fees at the PAN applicationcenter of UTIITSL or NSDL.
  • PAN application form (i.e.49A/49AA) can be down loaded from
  • Application for PAN is to be made in Form 49A (in the case of Indian Citizen/Indian Companies/Entities incorporated in India/Unincorporated entities formed in India) or Form 49AA (in the case of individual not being a citizen of India/Entities incorporated outside India/Unincorporated entities formed outside India).
  • An online application can also be made from the website of UTIITSL or NSDL (i.e.www. utiitsl.com and www.tin-nsdl.com).
  • Applicant will receive an acknowledgment containing a unique number on acceptance of the application form. This acknowledgement number can be used for tracking the status of the application by using the track status facility available at above web sites. 

Who  has to apply for PAN:-

PAN is to be obtained by following persons:

  • Every person if his total income or the total income of any other person in respect of which he is assessable during the previous year exceeds the maximum amount which is not chargeable to tax.
  • A charitable trust who is required to furnish return under section 139(4a)
  • Every person who is carrying on any business or profession whose total sale, turnover, or gross receipts are or is likely to exceed five lakh rupees in any previous year
  • Every importer/exporter who is required to obtain import export code
  • Every person who is entitled to receive any sum/income after deduction of tax at source
  • Any person who is liable to pay excise duty or a producer or manufacturer of excisable goods or a registered person of a private warehouse in which excisable goods are stored and an authorized agent of such person
  • Persons who issue invoices under rule 57ae requiring registration under central excise rules, 1944
  • A person who is liable to pay the service tax and his agent
  • Persons registered under the central sales tax act or the general sales tax law of the relevant state or union territory
  • Every person who intends to enter into specified financial transactions in which quoting of pan is mandatory

A person not covered in any of the above can voluntarily apply for pan.

 What is the fees for obtaining PAN:-

The applicant has to pay a fee of Rs. 93 + service tax as applicable, per PAN application. In case, the PAN Card is to be dispatched outside India then additional dispatch charge of Rs. 866/- will have to be paid by applicant.

In case of emergency allotment of PAN:-

There is no such facility available for any assesse.

Incomplete application form for PAN:-

IT PAN Service centers or tin facilitation centers shall not receive any incomplete and deficient PAN application. However, these centers will assist applicants to correctly fill up form 49A/49AA (as the case may be).

HOW TO FILL FORM 49A/ 49AA:-

Form 49A/49AA (as the case may by) should be filled legibly in BLOCK LETTERS and preferably in black ink. It should also be noted that, each box, wherever provided, should contain only one character (alphabet /number / punctuation sign) leaving a blank box after each word.

IN CASE OF MARRIED GIRLS;-

While providing the full name, applicant should provide father’s name and hence, married female should provide father’s name and not husband’s name. 

 WHO CAN APPLY ON BEHALF OF NON RESIDENTS, MINORS, LUNATICS, IDIOTS AND COURT OF WARDS:-

SECTION 160 of Income-tax Act, 1961 provides that a non-resident, minor, lunatic, idiot, mentally retarded, deceased, wards of court and such other persons may be represented through a Representative Assessee.

In such cases,

  • In the application for PAN, details of the non-resident, minor, lunatic, idiot, mentally retarded, deceased, wards of court, etc. should be provided.
  • Details of representative assessee have to be provided in item 14 of the application for PAN.

Proof of Identity and Proof of address is also required for representative assesse

SIGN REQUIRED FOR PAN APPLICATION FORM:-

Application in Form 49A/49AA must be signed (left thumb impression in case of persons unable to sign) by:

  • The applicant; or
  • Karta in case of HUF; or
  • Director of a Company; or
  • Authorised Signaturee in case of Association of Persons, 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.

HOW TO SIGN FOR PAN APPLICATION FORM:-

The applicant has to provide signature at three places in form 49A/49AA. If the applicant cannot sign, then the Left Hand Thumb impression of the applicant should be affixed at the place meant for signatures and should be attested by a Magistrate or a Notary Public or a Gazetted Officer, under official seal and stamp. Three signature/thumb impressing are to be provided as follows:

  • One signature / left hand thumb impression should be provided across the photo affixed on the left side of the form in such a manner that portion of signature/impression is on photo as well as on form.
  • One signature /left hand thumb impression should be provided within the box provided on the right side of the form. The signature /thumb impression should not be on the photograph affixed on right side of the form.
  • One signature /left hand thumb impression should be provided at the end of the form in the declaration part. Signature /left hand thumb should be within the box provided for signature /left hand thumb.

Applications not signed in the given manner and in the space provided for signature are liable to be rejected.

HOW CAN I CHECK PAN STATUS:-

After applying for PAN, one can check the status of his application by using the track status facility available at web sites of Income Tax Department or UTIITSL or NSDL i.e. www.incometaxindia.gov.in or www.utiitsl.com and www.tin-nsdl.com

WHAT TO DO AFTER OBTAINING PAN:-

Yes, you should intimate your PAN to the deductor i.e. person deducting tax. From 1st April, 2010, non-furnishing of PAN to deductors results in TDS at much higher rate of 20% or even more

VALIDITY OF PAN:-

PAN obtained once is valid for life-time of the PAN-holder throughout India. It is not affected by change of address or change of Assessing Officer etc.

What documents are required with Application of PAN (Permanent Account Number)

 

DOCUMENTS REQUIRED TO OBTAIN PAN:-

  • The documents required to be submitted with the PAN application are specified in Rule 114 of the Income-tax Rules.
  • The details of the documents required are also provided in the application form.
  • Individual applicants have to provide document pertaining to proof of identity, proof of address and proof of date of birth. The name of the applicant as mentioned in application form and the name appearing in the documents submitted along with the application should match exactly.
  • Individual applicants should affix two recent colour photographs with white background (size 3.5 cm x 2.5 cm) in the space provided on the form. The photographs should not be stapled or clipped to the form. The clarity of image on PAN card will depend on the quality and clarity of photograph affixed on the form.

 

DOCUMENTS NEEDED IN CASE OF NON- INDIVIDUAL

  • In case of applicant other than individual/HUF, following documents are to be submitted along with the PAN application:

Company registered in India

Copy of Certificate of Registration issued by the Registrar of Companies.

Partnership Firm formed or registered in India

Copy of Certificate of Registration issued by the Registrar of Firms or Copy of partnership deed.

Limited Liability Partnership formed or registered in India

Copy of Certificate of Registration issued by the Registrar of LLPs

Association of Persons (Trust) formed or registered in India

Copy of trust deed or copy of certificate of registration number issued by Charity Commissioner.

Association of Person(other than trusts), Body of

Individuals, Local Authority, or

Artificial Juridical Person formed or registered in India

Copy of Agreement or copy of certificate of registration number 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.

 

WHAT CONSTITUES FOR PROOF OF RESIDENCE:-

Copy of any of the following document will serve as proof of address in case of individual applicants being Indian citizens (including those located outside India):

  • Copy of following :
    • Aadhaar Card issued by the Unique Identification Authority of India; or
    • Elector's photo identity card; or
    • Driving License; or
    • Passport; or
    • Passport of the spouse; or
    • Post office passbook having address of the applicant; or
    • Latest property tax assessment order; or
    • Domicile certificate issued by the Government; or
    • Allotment letter of accommodation issued by Central or State Government of not more than three years old; or
    • Property Registration Document; or
    • Copy of following documents of not more than three months oldCertificate of identity in Original signed by a Member of Parliament or Member of Legislative Assembly or Municipal Councillor or a Gazetted officer, as the case may be.
      • Electricity Bill; or
      • Landline Telephone or Broadband connection bill; or
      • Water Bill; or
      • Consumer gas connection card or book or piped gas bill; or
      • Bank account statement or as per Note given below ; or
      • Depository account statement; or
      • Credit  card   statement;  or

        Note: In case of an Indian citizen residing outside India, copy of Bank Account Statement in country of residence or copy of Non-resident External (NRE) bank account statements (not more than three months old) shall be the proof of address.
    • Employer certificate    in       original.

      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 as proof of address. 

      In case of Minor, any of the above mentioned documents of any of parents/guardians of such minor shall be deemed to be the relevant proof of address for the minor applicant. 

WHAT CONSTITUTES PROOF OF IDENTITY:-

Any of the following document will serve as proof of identity in case of individual applicants being Indian citizens (including those located outside India) : 

• Copy of following :

  • Aadhaar Card issued by the Unique Identification Authority of India; or
  •  Elector's photo identity card; or
  • Driving License; or
  • Passport; or
  • Ration card having photograph of the applicant; or
  • Arm's license; or
  • Photo identity card issued by the Central Government or State Government or Public Sector Undertaking; or
  • Pensioner card having photograph of the applicant; or
  • Central Government Health Service Scheme Card or Ex-Servicemen Contributory Health Scheme photo card
  • Certificate of identity in original signed by a Member of Parliament or Member of Legislative Assembly or Municipal                     Councillor or a Gazetted officer, as the case may be; or
  • Bank certificate in Original on letter head from the branch (along with name and stamp of the issuing officer) containing               duly attested photograph and bank account number of the applicant.
  • 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 as proof of identity. 
  • In case of Minor, any of the above mentioned documents of any of parents/guardians of such minor shall be deemed to be the relevant proof of identity for the minor applicant.

WHAT CONSTITUTES AS PROOF OF DATE OF BIRTH:-

Copy of any of the following document will serve as proof of date of birth in case of individual applicants being Indian citizens (including those located outside India) :

  • Birth Certificate issued by the Municipal Authority or any office authorized to issue Birth and Death Certificate by the Registrar of Birth and Death or the Indian Consulate as defined in clause (d) of sub-section (1) of session 2 of the Citizenship Act, 1955 (57 of 1955); or
  • Pension payment order; or
  • Marriage certificate issued by Registrar of Marriages; or
  • Matriculation Certificate; or
  • Passport; or
  • Driving License; or
  • Domicile Certificate issued by the Government; or
  • Affidavit sworn before a magistrate stating the date of birth

WHAT CONSTITUTES AS PROOF OF ADDRESS IN CASE OF NON RESIDENTS:-

Copy of following will serve as proof of address in case of individuals not being a citizen of India

  • Copy of Passport, or
  • Copy of Person of Indian Origin (PIO) card issued by Government of India, or
  • Copy of Overseas Citizen of India (OCI) card issued by Government of India, or
  • Copy of other national or citizenship Identification Number or Taxpayer Identification Number duly attested by "Apostille" (in respect of the countries which are signatories to the Hague Apostille Convention of 1961) or by the Indian Embassy or High Commission or Consulate in the country where the applicant is located or authorised officials of overseas branches of Scheduled Banks registered in India, or
  • Copy of Bank account statement in the country of residence, or
  • Copy of Non-resident External (NRE) bank account statement in India, or
  • Copy of Certificate of Residence in India or Residential permit issued by the State Police Authorities, or
  • Copy of Registration certificate issued by the Foreigner's Registration Office showing Indian address, or

Copy of Visa granted & Copy of appointment letter or contract from Indian Company & Certificate (in original) of Indian address issued by the employer.

WHAT CONSTITUTES AS PROOF OF IDENTITY IN CASE OF NON- RESIDENTS:-

Copy of following will serve as proof of identity in case of individuals not being a citizen of India :

  • Copy of passport, or
  • Copy of Person of Indian Origin (PIO) card issued by Government of India, or
  • Copy of Overseas Citizen of India (OCI) card issued by Government of India, or

Copy of other national or citizenship Identification Number or Taxpayer Identification Number duly attested by "Apostille" (in respect of countries which are signatories to the Hague Apostille Convention of 1961) or by the Indian Embassy or High Commission or Consulate in the country where the applicant is located or authorised officials of overseas branches of Scheduled Banks registered in India.

WHAT IS PAN:-

PAN stands for Permanent Account Number. PAN is a ten-digit unique alphanumeric number issued by the Income Tax Department. PAN is issued in the form of a laminated plastic card (commonly known as PAN card). Given below is an illustrative PAN: ALWPG5809L

WHY DEPARTMENT NEEDS PAN:-

PAN enables the department to link all transactions of the assesse with the department. These transactions include tax payments, TDS/TCS credits, returns of income, specified transactions, correspondence and so on. It facilitates easy retrieval of information of assesse and matching of various investments, borrowings and other business activities of assesse

Why PAN has unique identity:-

Pan is a ten-digit unique alphanumeric number issued by the income tax department. The formation of pan is discussed below:

  • Out of the first five characters, the first three characters represent the alphabetic series running from AAA to ZZZ. 
  • The fourth character of pan represents the status of the pan holder
  • Fifth character of pan represents the first character of the pan holder's last name/surname in case of an individual. In case of non-individual pan holders fifth character represents the first character of pan holder's name
  • Next four characters are sequential numbers running from 0001 to 9999
  • Last character,i.e., the tenth character is an alphabetic check digit

The combination of all the above items gives the pan its unique identity.

Benefits of PAN:-

A permanent account number has been made compulsory for every transaction with the income-tax department. It is also mandatory for numerous other financial transactions such as opening of bank accounts, availing of institutional financial credits, purchase of high-end consumer items, foreign travel, transaction of immovable properties, dealing in securities, etc. A PAN Card is a valuable means of photo identification accepted by all government and non-government institutions in the country.

Can i file return without PAN:-

It is mandatory to quote PAN on the return of income. Apart from return of income, PAN is also to be quoted in all challans for making payment of tax, correspondence with the income tax department, etc.