Friday, November 2, 2007

HOW TO APPLY NEW PAN ONLINE/OFFLINE & CHANGE/CORRECTION IN PAN DATA


on Friday, November 2, 2007

Who should apply for PAN?
Ans. All existing assessees or taxpayers or persons who are required to file a return of income, even on behalf of others, must have a PAN. Any person, who intends to enter into economic or financial transactions where quoting PAN is mandatory, must also have a PAN.

what is the Fees for PAN application?

Ans : 60+service tax

where can i apply??

Ans

1. online(tin-nsdl)

2.through offline tin-fc (search)

3.through offline Uti & Their Authorise Agents .(search)

FORM 49A(EXCEL 615KB)

New PAN Card or/and Changes or Correction in PAN data.

Form 49APDF

As I have PAN card not interest in pan verification/APPLICATION but Want to know about my taxes ???

to view your tax deposited/collected/deducted read this article.

Register for form 26as (pan login)


Who can apply on behalf of minor, lunatic, idiot, mentally retarded, deceased and wards of court?
Ans. Section 160 of IT Act, 1961 provides that a minor, lunatic, idiot, mentally retarded, deceased, wards of court and such other persons may be represented through a Representative Assessee.
In such cases,

  • in the application for PAN, details of the a minor, lunatic, idiot, mentally retarded, deceased, wards of court, etc. should be provided.
  • Details of representative assessee have to be provided in item 14 of the application for PAN.
Is it compulsory to quote PAN on 'return of income'?

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

Do I need to apply for a new PAN when I move from one city to another?
Ans. Permanent Account Number (PAN), as the name suggests, is a permanent number and does not change.Changing the address though, may change the Assessing Officer. Such changes must, therefore, be intimated to ITD so that the PAN database of ITD can be updated. One can intimate change in address by filling up the form for Request for New PAN Card or/and Changes or Correction in PAN data. This form can be submitted at any TIN-FC or online at NSDL-TIN website.

Can I obtain or use more than one PAN?
Ans. Obtaining/possessing more than one PAN is against the law and may attract a penalty upto Rs.10,000. Therefore it is advisable not to obtain/possess more than one PAN. If you have more than one PAN, you should surrender the unused PAN by logging into ITD website at www.incometaxindia.gov.in.


What documents should I submit along with the application form?
Ans. You have to submit the following documents with the application form:
A] Proof of identity (POI)
1. Individual and HUF Applicants who are citizens of India and located within India at the time of application for PAN: Copy of any one of the following will serve as a proof of identity:
  • School leaving certificate
  • Matriculation certificate
  • Degree of recognized educational institution
  • Depository account statement
  • Valid Credit card
  • Bank account statement
  • Water bill
  • Ration card
  • Property tax assessment order
  • Passport
  • Voter's identity card
  • Driving license
  • Certificate of identity signed by a Member of Parliament or Member of Legislative Assembly or Municipal Councilor or a Gazetted Officer

Note:

  • Document being submitted should be in the full name of the applicant as mentioned in the PAN application.
  • In case the PAN applicant is a minor, any of above documents of any of the parents or guardian of such minor shall serve as proof of identity.
  • In case PAN application is made on behalf of a HUF, any of above documents in respect of karta of the HUF will serve as proof of identity.
2. Citizen of India located outside India at the time of application for PAN:
Copy of passport will serve as a proof of identity

3. Foreign Citizen located in India at the time of application for PAN
Copy of passport will serve as a proof of identity

4. Foreign Citizen located outside India at the time of application for PAN
Copy of any one of the following will serve as a proof of identity:
  • Passport
  • Other National ID attested by Indian Embassy/Consulate/High Commission
B] Proof of address (POA)
The documents for POI and POA depend on the citizenship and the status of the applicant.
1. Individual and HUF Applicants who are citizens of India and located within India at the time of application for PAN: Copy of any one of the following will serve as a proof of address:
  1. Electricity bill*
  2. Telephone bill*
  3. Depository account statement*
  4. Credit card statement*
  5. Bank account statement*
  6. Rent receipt*
  7. Employer certificate*
  8. Ration card
  9. Passport
  10. Voter's identity card
  11. Property tax assessment order
  12. Driving license
  13. Certificate of address signed by a Member of Parliament or Member of Legislative Assembly or Municipal Councilor or a Gazetted Officer.

Note:

  • *For serial numbers 1 to 7, proof of address should not be more than six months old from the date of application.
  • Document being submitted should be in the full name of the applicant as mentioned in the PAN application.
  • In case the PAN applicant is a minor, any of above documents of any of the parents or guardian of such minor shall serve as proof of address.
  • In case PAN application is made on behalf of a HUF, any of above documents in respect of Karta of the HUF will serve as proof of address.
  • It is mandatory for individuals and HUF to mention their residential address on the PAN application and to submit valid proof of the same.

2. Citizen of India located outside India at the time of application for PAN
Copy of any one of the following will serve as a proof of address:

  • Passport
  • Copy of bank account statement in country of residence
3. Foreign Citizen located in India at the time of application for PAN
Copy of any one of the following will serve as a proof of address:
  • Passport
  • Copy of bank account statement in India
4. Foreign Citizen located outside India at the time of application for PAN
Copy of any one of the following will serve as a proof of address:
  • Passport
  • Other National ID attested by Indian Embassy/Consulate/High Commission
  • Copy of bank account statement in country of residence, duly attested by Indian Embassy/High Commission or Consulate in the country where applicant is located
Which documents will serve as proof of identity and address for applicants other than individual and HUF?
Ans. List of documents which are acceptable as proof of identity and address for applicants other than individual and HUF is as below: 1. Having office of their own in India:
Type of Applicant Documents for proof of identity and address
Company Copy of certificate of registration issued by Registrar of Companies.
Firms Copy of certificate of registration issued by Registrar of firms or
Copy of Partnership Deed.
AOP (Trusts) Copy of trust deed or
Copy of certificate of registration number issued by Charity Commissioner.
AOP/BOI/Local Authority/Artificial Juridical Person Copy of agreement or
Copy of certificate of registration number issued by Charity Commissioner /Registrar of Co-operative Society / any other Competent Authority or
any other Document originating from any Central / State Government Department establishing identity and address of such person.

2. Having no office of their own in India
Type of Applicant Documents for proof of identity and address
Company/Firms/AOP (Trusts)/AOP/ BOI/Local Authority/Artificial Juridical Person Copy of registration certificate of the respective country duly attested by Indian Embassy in the country where applicant is located or
Copy of certificate of registration with the competent authority in India or
Copy of approval issued by the competent authority in India or
Copy of the accompanying documents alongwith the approval issued by competent authority in India or
Copy of the application (duly acknowledged) made by the applicant before the competent authority in India.

Is father’s name compulsory for female applicants (including married/divorced/widow)?

Ans. Female applicants, irrespective of their marital status, should write only father’s name in the PAN application form. There is no provision to mention husband's name in the application.

How do I obtain a new PAN card without any changes in details?

Ans. When you have a PAN but have not received your PAN card/in case you have lost your PAN card, then you have to fill all the columns in the form for Request for New PAN Card or/and Changes or Correction in PAN data but do not have to tick any of the boxes on the left margin. In case of an individual, you have to affix a colour photograph of the size 2.5 cm X 3.5 cm.

I have been allotted more than one PAN, what is the procedure for cancellation of other PAN(s)?
Ans. You have to mention the PAN which you are using currently on top of the application form. All other PAN/s inadvertently allotted to you should be mentioned at item no. 10 and the corresponding PAN card(s) should be submitted for cancellation along with the form.

RELATED ISSUES
VERIFY PAN ONLINE FREE(APPLY THROUGH NSDL/UTI/OTHERWISE)
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KNOW YOUR SERVICE TAX CODE
KNOW YOUR SERVICE/EXCISE DEPOSITED

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  1. My father who was karta of HUF expired now I being eldest son will be karta I want name of HUF as well as being karta my name how can I fill correction form.My father left his wife i.e. my mother and two sons one daughter.I want both name as we want to continue HUF status of my father
    Rajiv Javeri.

    ReplyDelete