Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 6

PAN (PERMANENT ACCOUNT NUMBER) Contact Us

Looking for a PAN Card?

PAN - Permanent Account Number from the Indian Income Tax Department can now be applied at a click of a button.
All you have to do is to submit the following particulars, pay PAN Card charges of Rs.1200/- (or US $30.00) and our
PAN procurement team would assist you in getting your PAN allotted in 6 working days. There is no charge for delivery
of PAN cards within India. For delivery of PAN cards outside India an extra $20 shipping fees is payable. So the total
cost for PAN cards delivered outside India is $50.

Full name (initials must be expanded)

Date of Birth (in case of individuals)

Date of incorporation or company formation (in case of companies or firms etc.)

Father's full name (in case of individuals). Married women should also give their father's full name with expanded initials.

Mailing address

Please click here to order your PAN (Permanent Account Number).

Frequently asked questions on PAN (Permanent Account Number)

Q. What is the purpose of having a Permanent Account Number (PAN) under new series?

Having a PAN helps you in dealing with the Income Tax Department as well as with other Govt. Organisations.

Q. What is PAN under new series ?

It is an all India, UNIQUE Number of 10 CHARACTERS allotted by the Income Tax Department.

It is PERMANENT for your life and will not change with change of your address or station or change of your Assessing
Officer, etc.

PAN under the new series is being issued to replace old PAN or GIR No.

Q. How does a PAN look like ?

The PAN number is issued in the format like:

AAB P S 8791 R

and a PAN card looks like the following:


Q. Who is expected to apply for PAN ?

Individuals

Hindu Undivided Families

Companies

Partnership Firms

Association of Persons

Body of individuals

Trusts

Artificial Juridical Persons

Representative Assesses

Q. Who must have a PAN?

an Income Tax Payer, or

a person carrying on business or profession whose total sales or turnover or gross receipt exceeds Rs. 5 lacs (Rs.
500,000), or

a trust

Any other person

Q. How to apply for a PAN?

You may file an application in Form No. 49A, which is available at all Income-tax offices or click here to download the
form.
While making an application in Form 49A you must fill in your

Full name (Initials must be expanded)

Date of Birth (in case of individuals)

Date of incorporation or formation, etc. (in case of companies or firms etc.)

Father's full name (in case of individuals)

Married woman should give their father's full name with expanded initials

In case of non-Indian passport holder, the applicant shall have to get his/her ID and address proofs attested by the
Indian embassy in the home country.

Q. Where to apply ?

To your Assessing Officer, if already assessed to tax;

To the Assessing Officer dealing with new taxpayers, if you were not assessed to tax earlier;

Or Can simply submit the duly filled form at our office

Q. What will the PAN card contain?

In case of Individuals

PAN

Name

Date of Birth

Father's Name

Photograph and

Signature of PAN holder

In case of Other Taxpayers

PAN

Name and

Date of Incorporation or Formation

Q. Can a person hold more than one PAN under new series?

NO. A person can have only one PAN under the new series. If you have already been allotted a PAN under the new
series, you cannot or shall not again apply for or obtain or possess another PAN. Failure in this regard shall result in
imposition of penalty which shall not be less than Rs. 500/- but which may extend to Rs. 10000/- for each such failure or
default.

Q. When is it Mandatory to quote the PAN?

Every person to whom a PAN is allotted is required to quote the same in:

all his returns to, and/or correspondence with, any Income Tax Authority;

all challans for payment of direct taxes;


application for opening an account with a Bank

application for installation of a telephone connection (including a cellular telephone)

documents pertaining to sale or purchase of a motor vehicle;

documents pertaining to sale or purchase of immovable property valued at Rs. 5 lacs (Rs. 500,000) or more;

documents pertaining to a time deposit exceeding Rs. 50,000/- with a Bank;

documents pertaining to deposits exceeding Rs. 50,000 in any account with a Post Office Savings Bank;

documents pertaining to a contract of a value exceeding Rs. 10 lacs (Rs. 1 million)  for sale or purchase of securities
(shares, debentures etc.)

payment to hotels & restaurants against their bills for an amount exceeding Rs. 25,000/- at any one time; Every person
receiving any document relating to above

If tax is being deducted at source on payment of salary, rent, interest etc., it will be in your interest to give your PAN
under the new series to the tax deductor so that the same could be mentioned in the TDS Certificate and Annual Return
of TDS. This will help you in getting credit for taxes deducted at source.

Q. Do you need to apply for a PAN when you move from one city or state to another?

You need not apply for a fresh PAN under the new series. You must, however, intimate your Assessing Officer for
transfer of your PAN and other records to your new Assessing Officer.

The PAN follows the following structure – XXXXX1111X. The first five characters are letters; the next 4 are numerals, and the last
character is again a letter. A Permanent Account Number that doesn’t follow this pattern is deemed as invalid. Moreover, the fourth
character of the PAN is one of the following, depending on the type of assessee who is allotted the number.

C - Company

P - Person

H - Hindu Undivided Family (HUF)

F - Firm

A - Association of Persons (AOP)

T - AOP (Trust)

B - Body of Individuals (BOI)

L - Local Authority

J - Artificial Juridical Person

G - Government

In addition, the fifth character of the PAN is the first character in the surname of the assessee. Though PAN is generally issued to
individuals to keep track of the tax payment, it can however also be issued to non-taxpayers in India.

Permanent Account Number (PAN) is a ten-digit alphanumeric identifier, issued by Income Tax Department.A Unique pan has been
issued to each assessee (e.g. individual, firm, company etc.)This number is almost mandatory for financial transactions such as
opening a bank account, receiving taxable salary or professional fees, sale or purchase of assets above specified limits. his number
can be considered to be similar to Social security number issued in United States to citizens and other legal residents.

1-5 field are alpha(A to Z)


6-9 field are numeric(0-9)

10 field is alpha(A-Z)

File online ITR-1 or ITR-2 FY 09-10 @Rs 119/-

The fourth character of the PAN must be one of the following, depending on the type of assessee:

C — Company

P — Person

H — Hindu Undivided Family (HUF)

F — Firm

A — Association of Persons (AOP)

T — AOP (Trust)

B — Body of Individuals (BOI)

L — Local Authority

J — Artificial Juridical Person

G — Govt

2.Fifth field of PAN denotes surNAME

In case of individual: Surname/last name(as given in pan application)

for ex. in case of Ram Kumar(individual)

5th field will be "K"

4th field will be "P"

In case of Ram Kumar Gupta(Individual)

5th field will be "G"

4th field will be "P"

In case of All Other Assesees 

5th field will be first letter of Name/first Name

for ex : In case of Suresh Jindal (HUF)(confirmed)

5th field will be "S"(first letter of First name i.e Suresh)

4th field will be "H"(for Huf)

for ex: in case of ABB LTD(confirmed)

5th field will be "A"(first letter of First name)


4th field will be "C"(for company)

You might also like