PAN CARD FORMS

PAN serves as a crucial identification tool for various financial transactions and is used to track taxpayers and their financial activities. PAN cards are required for several purposes, including filing income tax returns, opening bank accounts, investing in securities, buying and selling assets, and more.

 

Form 49A – Application for PAN by Indian Citizens

Form 49A is used for the allotment of a Permanent Account Number (PAN) to Indian citizens, entities incorporated in India, and unincorporated entities formed within India. Here’s what you need to know about this form:

Purpose:

Form 49A is used to apply for a new PAN card or to make changes or corrections in the existing PAN details.

 

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Applicable Individuals/Entities:

Individuals who are citizens of India. Companies, partnerships, trusts, etc., that are registered or incorporated in India. Sole proprietorships, Hindu Undivided Families (HUFs), associations of persons (AOPs), etc.

Documents Required:

Personal details such as name, date of birth, gender, etc.

Address for communication :

Contact information like phone number and email. Supporting documents for identity and address proof.

Submission and Process:

The form can be submitted online or physically at PAN service centers. Necessary documents must be attached as proof of identity and address. After submission, the PAN card will be processed and dispatched to the provided address.

 

Form 49AA – Application for PAN by Foreign Citizens:

Form 49AA is used for the allotment of a Permanent Account Number (PAN) to individuals and entities that are not citizens of India, entities incorporated outside India, and unincorporated entities formed outside India. Here’s what you need to know about this form:

Purpose:

Form 49AA is used to apply for a new PAN card by foreign citizens and entities operating outside India.

Applicable Individuals/Entities:

Foreign nationals residing in India or conducting financial transactions in India. Companies, organizations, etc., that are registered in other countries. Foreign partnerships, associations, trusts, etc.

 

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Documents Required:

Similar to Form 49A, Form 49AA also requires personal and contact details. Additional details about the country of incorporation or citizenship. Supporting documents for identity and address proof, often attested by authorities like notary public.

Read More: TAX AUDIT UNDER INCOME TAX ACT,1961

Submission and Process:

Similar to Form 49A, the form can be submitted online or at PAN service centers. The required documents need to be provided for verification. After processing, the PAN card will be sent to the communication address.

Aadhaar-PAN link failed due to Name, DOB, Gender mismatch? Income Tax Dept shares ways to correct

How to resolve Aadhaar-PAN link failure due to Name, DOB, Gender mismatch? The Income Tax Department has shared ways to resolve PAN-Aadhaar link failure due to demographic mismatch.

 

The last date to link Aadhaar and PAN is June 30. PAN holders, who have still not completed the linking process, can do so till June 30 by paying a fee of Rs 1000. Failing to link Aadhaar-PAN by the end of the current month would make such Permanent Account Numbers (PAN) invalid from July 1, 2023.

 

 

Several users have been complaining that they are unable to link PAN-Aadhaar due to demographic mismatches such as name, date of birth, gender etc in their PAN and Aadhaar cards. The Income Tax Department on Saturday (June 24) shared what such PAN holders can do.

 

 

adhaar

 

In case of demographic mismatch, the Income Tax Department said biometric-based authentication can be availed of at dedicated centres of PAN Service Providers (Protean & UTIITSL).

 

 

Reasons for failure while linking Aadhaar with PAN

As per Income Tax Department, the link failure may occur due to:

  • Name Mismatch
  • Date of Birth Mismatch
  • Gender Mismatch.

 

 

What to do?

You can update PAN details by visiting:

 

 

 

You can update your Aadhaar details by visiting the UIDAI website at: https://ssup.uidai.gov.in/web/guest/update

 

After the demographic mismatch is resolved, users can try linking PAN-Aadhaar at the e-filing portal – https://eportal.incometax.gov.in/iec/foservices/#/pre-login/bl-link-aadhaar.

adhaar

 

What to do if linking still fails?

However, if the linking request still fails you can avail of the option of biometric-based authentication by paying a nominal charge of Rs 50 at dedicated centres of PAN Service Providers (Protean & UTIITSL), according to the Income Tax Department.

 

 

Read More: TAXABILITY OF PF CONTRIBUTION AND INTEREST

 

 

For availing the biometric authentication at Protean and UTIITSL centres, users should carry their PAN and Aadhaar. For the details of authorised service providers for biometric authentication, you can visit the respective websites of Protean/UTIITSL.

Have an Aadhaar card? At incometaxindia.gov.in, use it to apply for an Instant e-PAN

Have an Aadhaar card? At incometaxindia.gov.in, use it to apply for an Instant e-PAN

There are specific documents that you must have in order to confirm your identification and to receive government benefits. Aadhaar Card is one of these papers. Permanent Account Number (PAN card), and Voter ID are just a few examples. Do you have them all? If not, you can apply for all of these IDs by visiting the relevant websites. If you have an Aadhaar card, you can apply for an e-PAN with your Aadhaar number. It should be noted, however, that this service is only available if you do not have a PAN but do have a valid Aadhaar card and your KYC information is up to date.

The Unique Identification Authority of India (UIDAI) issues Aadhaar cards, which can be used to gain benefits such as submitting Income Tax Returns, opening a bank account, and so on. The Income Tax Department is in charge of issuing the PAN Card. For the uninitiated, an e-PAN is a digitally signed PAN card issued by the Income Tax Department in electronic or digital format.

You should be aware that quoting your PAN when filing your income tax return is required. If you do not yet have a PAN, you can get an e-PAN by using your Aadhaar number and a mobile number associated with your Aadhaar. Additionally, generating an e-PAN is a free, online process that does not require you to complete any documents.

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Step-by-step instructions on how to apply for an e-PAN using Aadhaar.

Step 1: Go to the Income Tax Department’s official website or go to the https://www.incometax.gov.in/iec/fo portal.

Step 2: From the homepage, select the ‘Instant E-PAN’ option from the ‘Quick Links’ area.

Step 3: A new page will open; select ‘Get New e-PAN’ from the drop-down menu.

Step 4: Next, for PAN allocation, input your Aadhaar number and check the ‘I confirm that’ box before pressing the ‘Continue’ button.

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Step 5: On your registered mobile number, you will receive an Aadhaar OTP. You must enter the OTP in the appropriate field and then click the ‘Validate Aadhaar OTP and Continue’ button.

Step 6: Click the Continue button after accepting the terms and conditions on the OTP Validation screen.

Step 7: Enter your OTP, check the box, and press the Continue button again.

Step 8: If your email ID has not been authenticated, click Validate email ID, enter your credentials, and click the Continue button.

Step 9: After you submit your Aadhaar details for validation, you will be granted an acknowledgment number. Entering your Aadhaar number will allow you to check the status of your PAN allotment.

Step 10: To download the e-PAN, complete the first two steps, then click the ‘Check Status/Download PAN’ option, enter your Aadhaar number and captcha code, touch the Submit icon, validate by entering the OTP, and finish the process.

Step 11: If the PAN allocation was successful, a PDF file link will be sent to you within 10 minutes.