PAN Card Application

Obtain PAN Number for permanent identity ​

What is a Permanent Account Number?

PAN or Permanent Account Number is a 10 digit alpha-numeric identity issued by the Income Tax Department of India. It is a unique account number allocated by the Income Tax Department, which is used to track and manage all the Income Tax assessee in India. Although the PAN card application is voluntary, it must be obtained before engaging in certain transactions. For entering into a financial transaction exceeding a specified amount, quoting PAN number is mandatory. 

Requirements of Permanent Account Number

For opening of Bank Accounts

Every individual or business entrepreneur requires to open a savings/current bank account, needs to submit some specified KYC documents among which PAN is the most essential document.

For Filing of ITR

For filing of individual’s or businesses ITR, quoting of PAN (Permanent Account Number) is mandatory. All the information filed is associated with PAN for faster assessment and processing of ITR.

For Use of Identity Card

Pan Card is accepted as ID proof for every individual and all the way to the businesses. From opening of bank account to Government registration, PAN of individual or business is a primary requirement.

PAN in specified cases

Government has Specified certain transactions where quotation of Permanent Account Number (PAN) is mandatory. Amount is specified for property transfer, bank deposit, payment of bills and more.

For TDS and TCS transactions

Every person, deducting or collecting tax at source must mention own PAN and also the PAN of deductee. By quoting a PAN, the tax credit will be associated with concerned person’s account (Form No. 26AS).

For DSC Application

Quoting of PAN is mandatory for individual applying for a Digital Signature Certificate. Permanent Account Number is essential document while applying for the application of Digital Signature Certificate.

Documents Requirement for PAN Application

Address Proof

Copy of Aadhar Card or other address proof, in case of individual

Photograph

Two passport size colour photograph, in case of individual

Birth Certificate

Birth Certificate issued by Government or Local Authority, in case of Minor

Proof from Parents

ID proof and Address proof of any of the parent, in case of minor

Certificate of Incorporation

Certificate of Incorporation in case of application for Company or LLP.

Agreement

Agreement in case of Partnership Firm, Declaration in case of HUF

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