A Permanent Account Number (PAN) card is a government-issued document that serves as identity proof. The card consists of a 10-digit alphanumeric code that helps in identifying a PAN card holder or taxpayer.
Here’s how you can easily check your PAN card details online.
Also read – How To Access Your PAN Card Details Online?
Considering that PAN serves as an identity proof and has various other uses, knowing multiple ways of fetching PAN card details can be handy for individuals. In this respect, they can consider going through the aforementioned section.
Ans: One can update address details in PAN by using the Aadhaar number in the following manner:
Visit NSDL’s official website for an address update.
Submit Permanent Account Number, Aadhaar number, mobile number and email ID.
Check the terms and conditions.
Type in the CAPTCHA code and tap on “Submit.”
You will receive an OTP on your linked mobile number. Enter it to complete the process.
Ans: PAN card details are vital because of the following reasons:
Employers require PAN card details for salary accounting and taxation purposes. PAN card details are essential while calculating Tax Deduction at Source (TDS) and professional taxes. They are also necessary for filing Income Tax Returns (ITRs).
While opening a bank account or applying for a new scheme, institutions ask for identification proofs. In this aspect, individuals can present their PAN card details.
PAN card details are essential in the case of several banking-related transactions.
Ans: Some entities must possess a PAN card mandatorily, and the rest can apply for it to obtain additional benefits. Here is the eligibility for PAN:
Individuals liable to pay taxes.
Charitable trusts who are to file returns as per section 139(4A).
A business having a turnover of more than Rs. 5 lakh.
Importer or exporter in need of import-export code.
Individuals who are to receive payments after TDS collection.
One who needs to pay excise duties.
Individuals issuing invoices under 57AE.
One who pays service tax.
Ans: PAN card details include the following:
Name of PAN cardholder.
PAN card holder’s father’s name.
Birth Date of the cardholder.
10-digit alphanumeric identifier.
Signature of PAN cardholder.
Ans: Individuals raising a PAN correction request from the official website of the National Securities Depository Limited website will get their fresh copy of PAN after 15-20 days of raising such requests. Furthermore, they can check the PAN status from NSDL’s official website to get real-time updates.
Before you go…