What is PAN – PAN Card Income Tax
Welcome to our new article “What is PAN – PAN Card Income Tax” which is most important not only for income tax purpose but also it is mandatory in every field nowadays. While you are driving, Driving License(DL) is must necessary . Like that When you are going file Income tax return , you must required a PAN Card.
Before introducing PAN card there was GIR (General index register) which was used for the income tax assessment purpose in India. This GIR is given by the assessing officer to the assessee which deals details about the assessing officer..
Then in 1972, PAN card was introduced for the very first time in India. It is replaced the GIR which is approved by the government of India under section 139A of the income tax act 1961.
Meaning of PAN
PAN stands for “Permanent Account Number”. It is a laminated card which is issued by the income tax department. It contains 10 digits Alpha-numeric numbers which is called PAN card number. For ex: AB2434NDSM.
Each number and letter is unique to each other persons such as individual, HUF, company, firm, BOI/AOP, etc. It also contains a facial picture of the card holder With date of birth and date of card issued. There is a hologram logo which is a symbol of security for PAN cards.
PAN card is used in every field but mostly in case of income tax department purposes. The most needy things are PAN card for the Income Tax Department. No one can make more than one PAN card because that is illegal and the government and income tax department may take necessary action against that person.
Address proof is more important that it has seen in every card, ID, form etc. but here address proof of persons doesn’t mention. So that it can’t create any problems to persons who live whether inside or outside of the state.
Every person ,assessee or tax payer who is required to furnish income tax return must obtain a pan card. If a person files income tax of another person’s, then he/she also must obtain a pan card. Income tax is mandatory for all who are going to the income tax return file or any other activities /communication to the income tax department.
Nowadays, it is mandatory for all who are going to open a bank account, SIM card purchased, foreign currency transfer and payment made to foreign company online. Etc. A pan card is also required at the time of amount deposited more than Rs. 50,000.
PAN card apply can be done by anyone on the prescribed application form along with prescribed documents and some fee. Nowadays PAN card apply online is the trend rather PAN card apply offline.
There are mainly two types of application form which has to be submitted at the time of allotment of a new pan card. PAN card Form 49A is to be filled by Indian citizens and PAN Card form 49AA ( form 49AA for NRI) is to be filled by foreign citizens.
PAN Card Income Tax
Features of PAN card
-
- Name of the cardholder
- Father’s name
- Date of Birth
- Photograph
- Signature
- PAN(Permanent Account Number )i.e. 10-character alphanumeric
- Hologram logo of the Government of India.
- Tag of the Income Tax Department
- Laminated card
Requirement of PAN card form Online Apply
- If you are Indian citizen, you should use PAN card – Form 49A
- If you are Foreign citizen, you should PAN card – Form 49AA
- Form 49A – Download PDF
- Form 49AA – Download PDF
Steps for PAN card Online Apply in INDIA
You should apply for PAN card in Income tax department official website by following steps.
Step 1: Go to the NSDL official website, for Login
Step 2:
- If you are Indian citizen, Select new PAN (form 49 A)
- If you are a foreign citizen, Select new PAN card (form 49AA)
Step 3: Select the categories of PAN card
Step 4: Fill the personal details
Name-
Date of birth-
Mobile number-
Step 5: Enter the given captcha code and click submit
Step 6: A token number will be generated
- You should click on the link to continue with your PAN application
Step 7: A new page will appear which will show you 3 options.
- Submit digital e-kyc and e-sign
- Submit scanned image and e-sign
- Forward application documents physically
Step 8: After selecting the option, fill your details
Aadhaar card
Parents name
Click next to proceeds
Step 9: You should your personal details
Name
Date of birth
Address
Click next to proceeds
Step 10: You will required to fill your area code, AO (Assessing officer), range code, and AO number
- Click next
Step 11: Select the document that you have submitted as address proof & age from the drop down menu and fill the required detailed
- Click submit
Step 12: After upload all required documents, it will direct to payment page
- You have to choose one payment method from many online methods
- The application fee for PAN card is Rs. 115.90 excluding bank charge if any,
- If you have chosen to send physical documents instead of e-kyc, e-sign, then you will have to pay Rs. 110.
Step 13: After payment you will be required to go aadhaar authentication process
Step 14: You will receive an email acknowledgement from NSDL about the application status.
Step 15: Your PAN card will be couriered to you after application has been processed.
Step 16: Keep the acknowledge number with you for security
PAN card Download Online in INDIA
PAN card download can be done through online which is known as ePAN . and You can download it through Income tax Department Govt. India official website i.e. (www.incometaxindiaefiling.gov.in) or it can be also downloaded from NSDL (National Securities Depository Limited ) and UTIITSL (UTI Infrastructure Technology And Services Limited ) portal online.
Those applicants who had applied for PAN through the NSDL portal, they can download ePAN from the same portal. Downloaded of ePAN may be free of cost by all new applicants or applicants within one month or 30 Days of the issuing of PAN card. But download through UTIITSL charges an additional fee of Rs. 8.26 (including taxes) through online for download.
Download PAN card Online: Click Here
PAN card correction form Download Online
PAN card plays very vital role in the context of Income tax and if you the lost your PAN card then you should submitted a copy of FIR to the income tax department online along with the following given for. Apart from that, if You want to changes and correction PAN card then you should request for a new pan card by filling of this following PAN Card Form and send it to the income tax department.
Download form: Click Here
Reprint PAN card in India
PAN card holder who has applied latest PAN application through NSDL can avail this facility from Income tax department. The Download of e-PAN card cost is free, if PAN allotted or changes confirmed by Income Tax Department in last 30 days
Charges for dispatching:-
- For dispatching of PAN card within India (inclusive of taxes) – Rs 50.00
- For dispatching of PAN card outside India(inclusive of taxes) – Rs 959.00
It will be dispatched the latest address available with Income Tax Department.
Jai Hind… Namaskar
Lecturer / Writer/ Blogger / Dancer.
Rapper / Fitness Lover / Actor.
Founder of Income TaxPe, Shayari me Kahani and MCQ Questions.
Social Worker Co-founder of Kartabya Foundation(An animal, Social and Natural Welfare Organization.)