How To Apply For Pan card Online | What is Pan card | What Is The Purpose Of Having Pan Card

What is Pan Card.

Permanent Account Number (PAN) is a ten-digit alphanumeric number, issued in the form of a laminated card, by an Assessing Officer of the Income Tax Department.
A typical PAN is AFRPP1595D

What Is The Purpose Of Having a Permanent Account Number (PAN)?

It is mandatory to quote PAN on return of income, all correspondence with any income tax authority and challans for any payments due to Income Tax Department.
It is also compulsory to quote PAN in all documents pertaining to economic or financial transactions notified from time-to-time by the Central Board of Direct Taxes.
Some such transactions are sale and purchase of immovable property or motor vehicle or payments to hotels for bills or payments in cash, of amounts exceeding Rs. 25,000/-, in connection with travel to any foreign country.
It is also mandatory to mention PAN for obtaining a telephone or cellular telephone connection.
Likewise, PAN has to be mentioned for making a time deposit exceeding Rs. 50,000/- with a Bank or Post Office or depositing cash of Rs. 50,000/- or more in a Bank.
Transactions exceeding Rs. 50,000 for equities/mutual fund/debentures/bonds requires investor’s PAN card.
For trading in share market, you need to open account with a share broker for which submitting PAN details is mandatory. Failure to provide this will result in rejection of your application.
High value jewellery purchase for amount greater than Rs.5,00,000 (5 Lacs) requires buyer to provide PAN number.
Any property transaction for amount exceeding Rs. 5 Lacs requires this number to be mentioned in the property document. Buying or selling is impossible if you do not have this. In case, it is a joint property then PAN details of each person is required.
Pan card is also Compulsory for opening Accounts in worldwide online payments systems like paypal, Payza etc.

FAQs

Is It Compulsory To Quote PAN on Return Of Income?

Yes, it is compulsory to quote PAN on return of income.

Who must have a PAN?

All existing assesses or tax payers or persons who are required to furnish a returnof income, even on behalf of others, must obtain PAN.
Any person, who intends to enter into economic or financial transactions where quoting PAN is mandatory, must also obtain PAN.
The Assessing Officer may allot PAN to any person either on his own or on a specific request from such person.

Who are those persons are not required to obtain or quote Permanent Account Number?

The following categories of persons are not required to obtain or quote PAN:-
Persons having only agricultural income and do not have any taxable income. Such persons will file a declaration (Form 61) in respect of transactions where quoting of PAN is mandatory;
Non-residents;
Central Government, State Governments and Consular Offices in transactions in which they are the payers.

Where to apply for PAN?

Our government has never been more digitally savvy than it is today, and that means that there are many important government functions that can be carried out online.
Applying for a PAN is simple, and you can fill the forms online, but you'll have to mail your documents to the Income Tax PAN services offices to finalise the process. Once you fill up the Form 49A on the official Site Form 49A
and send your papers, the application is processed and the card shipped directly to your residential address.
In case you get stuck and need more information, then the helpline number (18001801961) is a good resource - when we got stuck on some of the details of the application, we gave them a call and found the service extremely helpful.
Step one is to get copies of the different documents you need to submit on your application.

Documents Required

1. To submit the application, you need to upload several documents to the PAN Services Unit website. You will need to upload a proof of identity, address and date of birth, along with a scanned passport photograph. Start by making a scan of any one document per section, for each section below:-

1. Proof of identity.

A copy of any one of these documents is acceptable as ID proof for a PAN card:-
☞ Aadhaar Card issued by the Unique Identification Authority of India.
☞ Elector's photo identity card.
☞ Driving licence.
☞ Passport.
☝ Ration card having photograph of the applicant.
☞ Arms license.
☝ Photo identity card issued by the Central Government or State Government or Public Sector Undertaking.
☞ Pensioner card having photograph of the applicant.
☝ Central Government Health Service Scheme Card or Ex-Servicemen Contributory Health Scheme photo card.
☞ Certificate of identity in original signed by a Member of Parliament or Member of Legislative Assembly or Municipal Councillor or a Gazetted officer.
☞ Bank certificate in original on letter head from the branch (along with name and stamp of the issuing officer) containing attested photograph and bank account number of the applicant.

2. Address proof Along with your photo ID, you'll also have to enclose an address proof in your application. Any of the following documents can be included with your form:-

☞ Aadhaar Card issued by the Unique Identification Authority of India.
Elector's photo identity card.
☞ Driving licence.
☞ Passport.
☞ Passport of the spouse.
☞ Post office passbook having address of the applicant.
☞ Latest property tax assessment order.
☞ Domicile certificate issued by the government.
☞ Allotment letter of accommodation issued by Central or State Government of not more than threeyears old.
☞ Property registration.
☞ Certificate of address in original signed by a Member of Parliament or Member of Legislative Assembly or Municipal Councillor or a Gazetted officer.
☞ Employer certificate in originalYou can also use one of the following documents, if it is less than three months old:.
☞ Electricity bill.
☞ Landline telephone or broadband connection bill.
☞ Water Supply bill.
☞ Consumer gas connection card or book or piped gas bill.
☞ Bank account statement.
☞ Depository account statement.
☞ Credit card statement.

3. Proof of date of birth A copy of any one of these documents should suffice as proof of date of birth:-

☞ 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).
☞ Pension payment order.
☞ Marriage certificate issued by Registrar of Marriages.
☞ Matriculation certificate.
☞ Passport.
☞ Driving licence.
☞ Domicile certificate issued by the government.
☞ Affidavit sworn before a magistrate stating the date of birth.
4.PhotographsYou will need two recent passport sized photographs for the PAN card application.

How to apply.

Once you have scans of all these documents ready, simply do the following:-
1. Visit the NSDL website. HERE
2. Scroll to the bottom and select Individual in the Apply for a new PAN Card drop down menu. Click on Select.
3. Now you can start filling the form. In case you have any doubts, Visit This Page for form filling guidelines. Screenshot of Form
4.The first field is AO Code, which you can look up Visiting Here . You can also call the Income Tax department helpline at 18001801961 to find out about your AO code.
5. The other fields like name, gender, address, etc. are pretty self-explanatory, but remember to selectthe correct documents you will be submitting along with the application, from the drop-down window in point 15 on the form.
6. Once you've filled in all the details, select a payment method at the end of the form. The PAN card application fee is Rs. 107, but additional bank charges may apply depending on the payment method. If you want the PAN card sent outside India, the fee is Rs. 971. You can pay via demand draft, cheque, credit/debit card or net banking.
7. Click Submit when done.
8. Review all the details in your form. Make sure all spellings are correct and enter the captcha code, then click Confirm.
9. Now you'll see a page with payment terms and conditions. Note down the transaction number at the top of the page and clickAgree.
10. Complete the payment.
11. You'll now see an acknowledgement form. This has a unique 15-digit acknowledgement number. Print this page.
12. Paste the two photographs on the printout of the acknowledgement (in the space provided).
13. Sign within the box on the acknowledgement form.
14. Put this form in an envelope with the cheque or DD (if you haven't paid online), and the required documents mentioned earlier.
15. On the envelope, write APPLICATION FOR PAN -____. Fill in the blank with your unique 15-digit acknowledgement number.
16. Post it to NSDL at Income Tax PAN Services Unit, NSDL e-Governance Infrastructure Limited, 5th floor, Mantri Sterling, Plot No. 341, Survey No. 997/8, Model Colony, Near Deep Bungalow Chowk, Pune - 411016.
17. Your application must reach NSDL within 15 days from the date of online application. They'll send the PAN card to your address after processing the application. You can call 02027218080 to check the status of your application or Visit Here to track Status of Your Pan.
Final words, Check all necessary informations carefully before submitting form ,check Name, Age, Gender, Father Name, Dob etc. To Avoid doing Corrections in Future. All done, Still Facing Any problem write it down in Comment box cool....