Indian citizens can apply for a Permanent Account Number (PAN) card by filling out an online form. A PAN is a unique 10-digit alphanumeric identifier issued by the Income Tax Department in a laminated card format. It helps the department track all transactions related to the individual, such as tax payments, TDS/TCS credits, returns, and specified financial activities. Essentially, the PAN card serves as a tax identification number for individuals and entities engaging with the Income Tax Department.
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Types of PAN Cards
Different types of PAN cards are issued based on the entity applying. The PAN enables tracking tax compliance and ensures seamless financial operations. The types of PAN cards include:
Individual: Both resident and non-resident Indians (NRIs) must apply for a PAN using Form 49A.
Companies: Companies, including those earning from abroad, need to submit Form 49 to obtain a PAN.
Foreigners and Non-Resident Entities: Foreigners or non-resident entities seeking to conduct business in India must apply using Form 49AA.
Individual
Partnerships or Firms
Company
Society Club, NGO and Trusts
Hindu Undivided Family (HUF)
Non-Resident Indians (NRIs)
Foreigners
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How Companies and Foreign Entities Apply for PAN
Indian companies and foreign entities earning income in India must provide detailed information, including the date of allotment, company registration details, and more, to obtain a PAN card. Forms like Form 49A for Indian entities and Form 49AA for foreign entities are used, both of which are available on the official sites of Protean eGov Technologies Limited (formerly NSDL) and UTIITSL.
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PAN Card for Foreigners and Individuals
Foreigners conducting business in India can apply for a PAN using Form 49AA, either online or offline. Similarly, resident individuals, NRIs, and Hindu Undivided Families (HUF) must submit Form 49A, with documents like an Aadhaar card as supporting proof.
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Available PAN Card Forms
There are two main forms used to apply for PAN:
Form 49A: For Indian nationals, including students and minors.
Form 49AA: For foreign nationals, requiring details like phone number, address, and Assessing Officer (AO) code.
Make sure to visit the official websites of UTIITSL or Protean eGov Technologies to begin your PAN application process.
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