Nowadays PAN card becomes mandatory document which is required by many government and non-government institution as it is required during applying for loan and opening a current account in a bank. It is required by Income tax department of India during filing of Income tax and it is also important during applying for business registration. PAN card is unique card which contain unique digit number and it is allotted by Income tax department of India and you can apply for PAN registration through online mode for individual, corporates, and especially those who pay income tax. You can apply for PAN card through online portal of National securities depository limited (NSDL) and UTI infrastructure technology and services limited (UTIITSL). This article talks about the PAN card and its registration so it will help you in making of PAN card.
PAN mean Permanent Account Number which is allotted by Income tax department of India and it contains a ten digit unique number. It has unlimited validity which means there is no need of renewal of this card it will remain valid for lifetime. This card can be used as Identification proof and there is no age limit for acquiring of this card, you can apply anytime there is no age bar. PAN card is very important document for nowadays because bank account ask for PAN card during opening of bank account and many government authority ask for PAN card during identification and without PAN card you may be not able for file your income tax return because it is mandatory for tax filings. The primary objective of Permanent account number is to use a universal identification key to track financial transaction that might have a taxable component to prevent tax evasion.
PAN card is issued by Income tax department of India and you have to Apply for Pan Card. Registration of PAN card can be done by online or offline mode. Online process of registration is very simple you can apply for this through website of PAN card that is Pan Card Apply Online, so you can apply for PAN registration through given link.Process of Registration is easy, you have to select a type of form, for Indian citizen you have select form 49A and then you have to read the instruction so you can understand the process, then you have to fill the online form and have to fill the all required details then you have to attach the supported documents then an automatic code will be generate which help you to track your status of application and automatic acknowledgement will be generated then you have to print the page of acknowledgment and have to paste your photo on the print page then you have send this to NSDL address. After successful verification of your PAN card application, your PAN card will be delivered to your given address. And there is no need of filing of fresh registration form during making of amendment in old PAN card, you can amend your PAN card through online mode for which you have to visit above given link.
• Copy of Aadhar Car/ Voter Identity Card
• Proof of Date of birth
• Passport size photograph
• Copy of Address proof (Telephone Bill/ Electricity Bill)
• Certificate of Incorporation (In case of Company)
• Partnership deed (In case of Partnership)
• Copy of Property Paper ( If Owned Property)
• PAN card is an important document as it become mandatory required document for many government institutions and it is also important document during open a current account in a bank.
• PAN card can be used as identification, you can use this as a legal proof so it is important document for your identity and it is acceptable photo identification by government and non-government institutions in the country.
• PAN card is also an important document for making other documents like passport and making business registration, during registration of business you have to give copy of your PAN car so it is an important document for incorporation of business.
• PAN card is also important for commercial activities as it is important for many commercial activities and many commercial activity cannot be done without PAN card.
• PAN card is important for tax purpose as without PAN card taxation cannot be done so it is important for tax filing and GST registration.
• PAN card is important for obtaining a Debit/Credit card from banks and it is an important document
for obtaining a loan from bank, without PAN card you may not be eligible for applying a loan.
As you can see in above article that PAN is an important document for making commercial activities and it can be use as legal identity proof so it is a mandatory document by many government institutions. PAN card is also important for obtaining benefits from the government schemes and it is important for filing income tax. If you don’t have any PAN card then you should make your PAN as above mentioned it is very important document and you can apply for this through online mode so you should make your PAN card.