Permanent Account Number (PAN) is mandatory requirement for almost all Indian citizens and judicial entities, especially those who pay income tax and are identifiable under the Income Tax Act, 1961. PAN card is issued by the Indian Income Tax Department under the supervision of the Central Board for Direct Taxes (CBDT). It’s a unique identification code through which all the monetary transactions are tracked. Thereby, it reduces the tax evasion by keeping record of all financial transactions. PAN card is also issued to foreign nationals (such as foreign investors) who are permitted with valid visa.
PAN Card Application Forms
PAN Card can be obtained by submitting the PAN application along with required documents (two recent passport size color photographs, Proof of identity, proof of address, date of birth proof along with fees) to the authorized PAN agency of the district or by making online submission of form through NSDL or UTI portal. Here are the PAN application forms to be submitted for allotment of new PAN as prescribed by Income Tax Department.
|PAN Application Form||Description||Form Types|
|Download PAN card Form 49A||To be filled by Indian Citizens, Entities incorporate in India, Indian Companies Unincorporated entities formed in India.||Form 49A|
|Download PAN card Form 49AA||To be filled by individuals not being a citizen of India, Unincorporated entities, Entities incorporated outside India, formed outside India.||Form 49AA|
Forms are available in PDF format for download for hard copy submission. And forms are also available in fill able format for online submission of application. There are clear guidelines and instructions given in the NSDL and UTI website for filling up the application forms.