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How to Cancel PAN Card

A Permanent Account Number (PAN) is a ten-digit alphanumeric number issued by the Income Tax Department which serves as an important proof of identification.

Anyone can apply for a PAN, whether you are earning or not.

You can even submit an application for a minor and even on behalf of a newborn. Application for fresh allotment of PAN can be submitted online. The charges for applying PAN online is Rs.106. Payment of application fee can be made through cheque, demand draft, credit/debit card or net-banking. Once the application and payment is accepted you will receive an acknowledgement receipt. You are required to send a proof of Identity & Address along with the acknowledgement to NSDL/UTITSL through courier/post. After they receive your documents, PAN card will be sent to your residential address.

Where To Apply For PAN? The Income Tax Department has authorised UTI Investor Services Ltd. (UTIISL) to set up and provide IT PAN Service Centers in the cities and towns where there is Income Tax office and National Securities Depository Limited (NSDL). There are TIN facilitation centers for this.

How To Apply For A PAN Card? Please note that one should apply for new Pan Card when the applicant is a resident Indian citizen, and has never applied for a Permanent Account Number (PAN) or does not have a PAN allotted to him. PAN application is made on Form 49A. This application can be downloaded from the Income Tax Department website. It has to be photocopied on A4 size 70 GSM paper. It can also be obtained from any other sources like IT PAN Service centers and TIN Facilitation centers.

What is form 49A?

Form 49A is a Application for Allotment of Permanent Account Number in case of Indian Citizen/ Indian Companies/Entities incorporated in India/Unincorporated entities formed in India.

Applying for PAN card online Applications can also be made online through the portal of NSDL or UTITSL. Charges are the same for doing the same online. It is INR.106 for Indian address and Rs.985 for foreign addresses. All supporting documents are to be sent through courier or post to NSDL or UTITSL. Payment can be made online using credit or debit card. If you want to know more about How to apply for PAN Card Online then click the link.

This was posted in Bdaily's Members' News section by poornima .