Apart from different roles, PAN is primarily used for submitting revenue tax returns and paying taxes. (Representative picture)
The PAN quantity stays the identical all through the lifetime of the PAN holder, no matter any modifications in tackle or different particulars.
A Permanent Account Number (PAN) card is a novel, 10-character alphanumeric identifier issued by the Income Tax Department of India. It serves as an important doc for monetary transactions, particularly these involving taxes. PAN playing cards are important for submitting revenue tax returns, opening financial institution accounts, investing in securities, buying property, and conducting numerous monetary transactions in India.
The PAN quantity stays the identical all through the lifetime of the PAN holder, no matter any modifications in tackle or different particulars.
Why Do You Need A PAN Card?
Apart from different roles, PAN is primarily used for submitting revenue tax returns and paying taxes. It helps the federal government monitor monetary transactions and ensures that people and entities are paying the right amount of taxes.
Who Can Apply For PAN?
All current assessees or taxpayers or individuals who’re required to file a return of revenue, even on behalf of others, will need to have a PAN. Any individual, who intends to enter into financial or monetary transactions the place quoting PAN is necessary, should even have a PAN.
Steps To Apply PAN Online;
- Visit: https://www.protean-tinpan.com/services/pan/pan-index.html
- Click to pick the kind of PAN software.-New PAN- Indian Citizen-New PAN- Foreign Citizen
- Fill the suitable on-line kind and choose fee mode to finish the shape submission.
- On profitable submission of on-line software and fee (for on-line mode of fee), an Acknowledgement receipt is generated.
- Save and take a print out of the acknowledgement receipt.
- Duly signal within the house offered, affix current color images and submit the PAN software with supporting paperwork as underneath:
1. Visit any of the designated centre and submit the stated paperwork. (Check centre record on the above-given web site)
OR;
2. Forward the stated paperwork to
INCOME TAX PAN SERVICES UNIT
(Managed by Protean e-Governance Infrastructure Limited)
fifth Floor, Mantri Sterling, Plot No. 341,
Survey No. 997/8, Model Colony,
Near Deep Bungalow Chowk,
Pune – 411016
The 15-digit acknowledgement no. showing on the acknowledgement receipt can be utilized for monitoring the standing of the appliance.
