Allotted by the Income Tax Department of India, a Permanent Account Number or PAN is a 10-digit unique number that every taxpayer must possess mandatorily. Mr Singh has a business of his own and is planning to apply for a PAN card. However, he is unsure about the application process, especially the documentation part.
In that regard, following this segment on the documents required for a PAN card can be an ideal solution.
Indian citizens need to furnish copies of identity proof, address proof and proof of birth. Here is a list of the acceptable documents:
Proof of identity
Note that in the case of minors, one can submit any one of the above documents belonging to a parent of the minor applicant.
Date of birth proof
Here is a list of documents for companies incorporated in India –
For companies outside India, one must furnish the following documents –
Firms that are registered in India need to produce these documents for PAN:
For firms registered outside India, the documents necessary for PAN are:
For Trusts incorporated outside India, a copy of approval granted for setting up a trust in India or a Registration Certificate issued in India is necessary.
Here is a list of documents required for PAN with regard to the Association of Persons registered in India:
Association of Persons established outside India can also apply for a PAN card by furnishing the following documents:
It is evident that any entity established inside or outside India can apply for a Permanent Account Number. However, one needs to furnish the necessary documents to ensure a seamless PAN application process.
Ans: For PAN correction or name change, individuals or entities must present the following documents:
PAN card copy or PAN allotment letter issued by the Income Tax Department
In case of a name change, married individuals must furnish a marriage certificate or copy of their spouse’s passport
Individuals changing their names for any other purpose need to present publication of name change in an official gazette, or a name change certificate from a gazetted officer
Non-individuals should submit a revised registration certificate, agreement or deed
Ans: If you opt for an online PAN card application process, you need not submit original documents. You must upload copies of such documents to complete the application process. However, in the case of offline PAN application applicants need to carry the original documents for verification.
Ans: The following types of business entities can apply for a PAN card:
Limited Liability Partnership (LLPs)
Body of Individuals
Artificial Juridical Person
Association of Persons
Note that the aforementioned types of organisations registered both inside or outside India can apply for a PAN card. However, they need to carry respective documents for a successful application.
Ans: During PAN card applications, entities need to send the supporting documents via courier or post to NSDL or UTITSL for verification. In this regard, they must go through the list of documents required for obtaining a PAN card.
Ans: For an Indian communication address, one needs to pay Rs. 93 (excluding Goods and Services Tax) as PAN application fees. On the other hand, for a foreign communication address, Rs. 864 needs to be paid for obtaining PAN.
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This article has been prepared on the basis of internal data, publicly available information and other sources believed to be reliable. The information contained in this article is for general purposes only and not a complete disclosure of every material fact. It should not be construed as investment advice to any party. The article does not warrant the completeness or accuracy of the information, and disclaims all liabilities, losses and damages arising out of the use of this information. Readers shall be fully liable/responsible for any decision taken on the basis of this article.
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