PAN

PAN

PAN

Get Instant Quote

What is PAN Card?

Permanent Account Number (PAN) is a ten-digit alphanumeric number, issued in the form of a laminated tamper proof card, by the Income Tax Department of India. The Permanent Account Number (PAN) is unique to an individual or entity and it is valid across India. Permanent Account Number once allotted to an individual or entity is unaffected by a change of name, address within or across states in India or other factors.

Why do you need PAN?

PAN Application

PAN is a unique identification number that enables each tax paying entity of India with the following: Proof of Identity Proof of Address Mandatory for Filing Taxes Registration of Business Financial transactions Eligibility to open and operate Bank Accounts Phone Connection Gas Connection

Advantages of PAN card
1. Tax deduction. 2. Starting a business. 3. Claiming refund from income tax. 4. Buying a car. 5. Opening a Bank/Demat account.

Disadvantages of PAN card
1. Once you are alloted a PAN, you cannot escape from Income Tax department. 2. You have to produced PAN card for some specific transactopns

PAN
₹ 575
  • Package Includes

Documents Required for PAN

  • PAN requires two types of documents. Proof of address (POA) and Proof of Identity (POI). Any two of the following documents should meet the criteria
  • Individual Applicant
  • POI/ POA- Aadhaar, Passport, Voter ID, Driving Licence Hindu Undivided Family
  • An affidavit of the HUF issued by the head of HUF along with POI/POA details
  • Company registered in India
  • Certificate of Registration issued by Registrar of Companies Firms/ Partnership (LLP)
  • Certificate of Registration issued by the Registrar of Firms/ Limited Liability Partnerships and Partnership Deed. Trust
  • Copy of Trust Deed or a copy of the Certificate of Registration Number issued by a Charity Commissioner. Society
  • Certificate of Registration Number from Registrar of Co-operative Society or Charity Commissioner Foreigners
  • Passport - PIO/ OCI card issued by the Indian Government
  • Bank statement of the residential country
  • Copy of NRE bank statement in India

Process Involved

Step 1

1

Documents

Step 2

2

Preparation of documents

Step 3

3

Filing of PAN application

Step 4

4

Submission to Income Tax Department

Step 5

5

Payment of Pan Fees

Step 6

6

Pan card

FAQ'S