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CA Chirag Chauhan

Permanent Account Number is a number allotted to a person by the Assessing Officer for the purpose of identification. PAN of the new series has 10 alphanumeric characters and is issued in the form of laminated card with photograph.

PAN enables the department to link all transactions of the “person” with the department. These transactions include tax payments, TDS/TCS credits, returns of income/wealth/gift/FBT, specified transactions, correspondence, and so on. PAN, thus, acts as an identifier for the “person” with the tax department.

Section 139A of the Income Tax Act provides that every person whose total income exceeds the maximum amount not chargeable to tax or every person who carries on any business or profession whose total turnover or gross receipts exceed Rs.5 lakhs in any previous year shall apply for PAN. Besides, any person not fulfilling the above conditions may also apply for allotment of PAN.

Transactions in which quoting of PAN is Mandatory

  1. Sale or purchase of immovable property valued at Rs 5 lakh or more
  2. Sale or purchase of a vehicle other than a two wheeler
  3. Payment to hotels or restaurants an amount exceeding Rs 25,000 at any one time
  4. Payment in cash an amount exceeding Rs 25,000 in connection with travel to any foreign country
  5. Payment of an amount of Rs 50,000 or more to the Reserve Bank of India for acquiring bonds
  6. Payment of an amount of Rs 50,000 or more to a company or an institution for acquiring bonds or debentures
  7. Payment of an amount of Rs 50,000 or more to a company for acquiring shares
  8. Any mutual fund purchase
  9. Deposit exceeding Rs 50,000 with any single banking institution in 24 hours
  10. Payment exceeding Rs 5 lakh for purchase of bullion and jewellery

Apart from above PAN is mandatory for payment of direct taxes, to file income tax returns and to avoid deduction of tax at higher rate.

You can fill up the PAN application Form 49A Online or offline via NSDL / UTI offices.

Depending upon Individual Status following Documents are required at the time of applying for PAN Card. The Form to be used is 49A

Sr No Applicant Documents as proof of identity, address and date of birth
1 Individual who is a citizen of India (A) Proof of identity—

(i) Copy of,─

(a) elector’s photo identity card ; or

(b) ration card having photograph of the applicant; or

(c) passport; or

(d) driving licence; or

(e) arm’s license; or

(f) AADHAR Card issued by the Unique Identification Authority of India; or

(g) photo identity card issued by the Central Government or a State Government or a Public Sector Undertaking; or

(h) Pensioner Card having photograph of the applicant;

or

(i) Central Government Health Scheme Card or Ex-servicemen Contributory Heath Scheme photo card; or

(ii) 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

(iii) 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.

Note: In case of a person being a minor, any of the above documents of any of the parents or guardian of such minor shall be deemed to be the proof of identity.

(B) Proof of address—

(i) copy of the following documents of not more than three months old ─

(a) electricity bill; or

(b) landline telephone or broadband connection bill; or

(c) water bill; or

(d) consumer gas connection card or book or piped gas bill; or

(e) bank account statement or as per Note 1; or

(f) depository account statement ; or

(g) credit card statement; or

(ii) copy of,─

(a) post office pass book having address of the  applicant; or

(b) passport; or

(c) passport of the spouse; or

(d) elector’s photo identity card; or

(e) latest property tax assessment order; or

(f) driving licence; or

(g) domicile certificate issued by the Government; or

(h) AADHAR Card issued by the Unique Identification Authority of India; or

(p) allotment letter of accommodation issued by the Central Government or State Government of not more than three years old;

(q) property registration document;

or

(iii) certificate of address signed by a Member of Parliament or Member of Legislative Assembly or Municipal Councillor or a Gazetted Officer, as the case may be; or

(iv) employer certificate in original.

Note 1. In case of an Indian citizen residing outside India, copy of Bank Account Statement in country of residence or copy of Non-resident External bank account statements shall be the proof of address.

Note 2: In case of a minor, any of the above documents of any of the parents or guardian of such minor shall be deemed to be the proof of address.

(C) Proof of date of birth ─

copy of,─

(a) birth certificate issued by the Municipal Authority or any office authorised to issue Birth and Death Certificate by the Registrar of Birth and Deaths or the Indian Consulate as defined in clause (d) of sub-section (1) of section 2 of the Citizenship Act, 1955 (57 of 1955); or

(b) pension payment order; or

(c) marriage certificate issued by Registrar of Marriages; or

(d) matriculation certificate; or

(e) passport; or

(f) driving licence; or

(g) domicile certificate issued by the Government; or

(h) (h) affidavit sworn before a magistrate stating the date of birth

2 Hindu undivided Family (a) An affidavit by the karta of the Hindu Undivided Family stating the name, father’s name and address of all the coparceners on the date of application; and

(b) copy of any document applicable in the case of an individual specified in serial number 1, in respect of karta of the Hindu undivided family, as proof of identity, address and date of birth.

3 Company registered in India Copy of Certificate of Registration issued by the Registrar of Companies.
4 Firm (including Limited Liability Partnership) formed or registered in India (a) Copy of Certificate of Registration issued by the Registrar of Firms/Limited Liability Partnerships; or

(b) copy of Partnership Deed.

5 Association of persons (Trusts) formed or registered in India (a) Copy of trust deed; or

(b) copy of Certificate of Registration Number issued

by Charity Commissioner.

6 Association of persons (other than Trusts) or body of individuals or local authority or artificial juridical person formed or registered in India (a) Copy of Agreement; or

(b) copy of Certificate of Registration Number issued by Charity Commisioner or Registrar of Co-operative Society or any other Competent Authority; or

(c) any other document originating from any Central Government or State Government Department establishing Identity and address of such person

 Source: Income Tax Act, Rules, NSDL, UTI

(For any query you can write to Author on  Chirag@cachauhan.in)

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0 responses to “Process for PAN application for Resident Indian”

  1. CA Tushar Bhatt says:

    UTI PAN Service Center of Vashi are wrongly insisting for Notarized copy of partnership deed in case of PAN application for partnership firm while only word “copy of partnership deed” is written.we have made strong objections to them. however NSDL service center have accepted the same. while raising the issue with Income Tax department of PAN service center they have stated that UTI could have their own rules.Thus we insist that there should be uniform rules for every thing further Modi government has already stated that self certified copies are sufficient instead of Notarized copies.

  2. t.v.sreekantan says:

    AADHAR CARDS ARE NOT ISSUED WITH EXPANSION OF INITIALS.DUE TO THIS PEOPLE
    ARE UNABLE TO PRODUCE IT AS PROOF OF IDENTITY FOR ALL PURPOSES INCLUSIVE
    OF PAN

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