Way to apply for PAN card through Online

By | June 7, 2017
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Personal Account Number (PAN) is a code which is assigned to each Indian individual who is paying taxes. This is a 10 digit number which is unique and alphanumeric issued to all judicial entities identified under the Income Tax Act, 1961. The PAN card is issued by the Indian Income Tax Department, under the guidance of Central Board of Direct Tax (CBDT). This card can be also used as proof of identification. PAN card is also issued to foreign nationals, subject to valid visa. Though, PAN card cannot be accepted as the proof of Indian citizenship.

The PAN is mandatory for the opening of bank account, receiving the taxable salary, purchase or sales of assets which are above the high-value transactions. Main Importance of PAN is to identify all the financial transactions and to control all the unwanted tax evasion. This is done by tracking their monetary transactions, especially high network individuals (HNI) who can impact the economy. PAN number is unique and is valid for lifetime.

How to identify PAN number

Income tax PAN Card is issued under the Section 139A of the Income tax act.

The structure of PAN is alphanumeric and is as follows: AAATK 1234B, in which first five characters are letters, next four are numerals and last one is letter again.

The first three letters falls between AAA to ZZZ. The fourth characters identifies about the type of holder of the card. Each holder is uniquely defined below,

A – Association of Persons (AOP)

B – Body of Individuals (BOI)

C – Company

F – Firm

G – Government

H – HUF (Hindu Undivided Family)

L – Local Authority

J – Artificial Juridical Person

P – Individual

T – Trust (AOP)

K – Krish (Trust Krish)

The fifth character is a letter which denotes the first character of surname or last name of the person, in the case of “Personal PAN Card”. The fifth character is also a letter which denotes the first character of entity, trust, society or organization, in the case of “Company”. The last character is an alphabetic which is a check digit.
Now days, the DOI (Date of Issue) of the PAN card is mentioned at the right hand of the side of photo vertically if the card is issued by NSDL. It will not be mentioned if the card is issued by UTI- TSL.

The Importance of PAN:

 PAN should be disclosed when filling tax returns. Now, PAN is a mandatory document for opening the bank account, open a new telephone line or new connection for the mobile line, purchasing bank currency, purchase and sale of immovable properties, vehicles and bank deposits above INR 50,000.

Why is PAN mandatory?

 PAN is optional and voluntary like passport, driving license and Aadhar etc., though, it is mandatory for doing high-value financial transactions. One can obtain PAN by submitting the prescribed form through PAN agency of the district or through online submission to NSDL website, UTI along with 2 recent size passport size photographs, ID proof, Address and date of birth proof and fee.
If you require the Reprint, an old copy of PAN card is required. Normally, it takes 10 – 15 days to receive the PAN card.

How to Apply PAN through Online?

As it is a digital era, it is very easy to obtain the PAN card through online. Previous days, one has the run behind the PAN agency to submit the prescribed documents. Now, the process has become transparent and anyone can apply through online with the required documents.
Applying for PAN card is the simple process. Once has to fill the form online and needs to send the documents to Income Tax pan services offices to finalize the process. Once you fill the form on the website and send the documents, the application will be processed and if no errors are found, you will receive the card to the residential address. If there is an issue in the process, you can call (18001801961) and the issue can be rectified at the earliest.

List of Documents required:

As you are applying for new PAN, you need to upload multiple documents to PAN Service website. You need to upload a proof of identity, address along with the date of birth, and a scanned passport photograph. Below given are lists of documents required. You need to take a scanned copy of any one document from each section.

Identity Proof:

  • Aadhar Card issued by Unique Identification Authority of India.
  • Elector’s Photo identity card.
  • Driving license.
  • Ration card
  • Arms license.
  • Identity card issued by Central Government or State Government or Public Sector with the recent photograph attached.
  • Pensioner card having the photograph of applicant.
  • Central Government Health Service Scheme Card.
  • Certificate of identity in original signed by a Member of Parliament.
  • Bank certificate in original on letterhead from branch head.

Address Proof:

  • Aadhar Card issued by Unique Identification Authority of India.
  • Elector’s Photo identity card.
  • Driving license.
  • Passport of the spouse.
  • Post office passbook having the address of the applicant.
  • Latest property tax assessment order
  • Domicile certificate issued by the Government.
  • Allotment letter issued by Central or State Government. The letter should be not more than 3 years old.
  • Property registration
  • Original Certificate of Employer

Other documents can be used if it is less three months old.

  • Electricity Bill
  • Landline telephone or broadband connection bill
  • Water bill
  • Gas connection bill
  • Bank statement
  • Depository account statement.
  • Credit Card statement.

Proof of Date of Birth:

  • Birth Certificate issued by the Municipal authority.
  • Pension payment order
  • Marriage certificate
  • Matriculation certificate
  • Passport
  • Driving license
  • Domicile certificate

Photographs:

  • Two recent passport size photographs.

Way to Apply:

You are required to do the following steps:

  • Open the NDSL website and move on the above page.
  • Scroll down to bottom and select Individual in the Apply for new PAN card from drop down menu. Click on select.
  • Please visit the form filling guidelines for each step
  • You can also call toll free number in case you have any issues while filling up the application form
  • Please fill name, gender, address etc., please be clear while filling up the submitting documents from the drop down menu on point #15.
  • Once all the details are filled in, you need to select the payment page at the end of the form.
  • The PAN card application fee is INR 105, but additional bank charges are incurred depending on the payment method.
  • If you like to receive the PAN card outside India you need to pay fee of INR971 either through Cheque/Demand Draft. You can also pay through net banking by using credit/debit card.
  • Please click on submit button once it is done.
  • Review all the details and make sure the spelling are correct and enter the captcha code, then click on confirm.
  • You will be redirected to the payment terms and conditions.
  • Please note down the transaction number at the top of the page and click on Agree.
  • Finalize and complete the payment.
  • Now you will receive the 15 digit acknowledgment number.
  • Don’t forget to print this page.
  • Paste the photographs on the printout of acknowledgment form.
  • Sign the acknowledgment form.
  • Put the form in an envelope along with Cheque / DD (only if you did not pay online) and the documents you mentioned earlier.
  • On the envelope, write down APPLICATION FOR PAN,_____. Fill the blank with 15-digit acknowledgment number.
  • Post it to NSDL office address as listed in the website.
  • Your application will reach the NDSL office within 15 days from the date of online application. You will receive the PAN card to your address after processing.

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