PAN, or permanent account number, is a unique 10-digit alphanumeric identity allotted to each taxpayer by the Income Tax Department under the supervision of the Central Board of Direct Taxes. It also serves as an identity proof. The PAN number remains unaffected by the change of address throughout India.
Who is eligible for a PAN card in India?
All Indian citizens having the source of income and valid proofs (as prescribed by the Income Tax Department) are eligible to apply for a PAN card. Obtaining a PAN card or Permanent Account Number is mandatory for every taxpayer or the person who needs to file an income tax return on behalf of self or others
What Documents are required for PAN card?
PROOF OF IDENTITY
1. Aadhaar card
2. Voter ID card
3. Driving license
4. Passport
PROOF OF ADDRESS
1. Aadhaar card
2. Voter ID card
3. Driving license
4. Passport
5. 5.Bank passbook
6. An assessment order of property tax
7. Electricity bill
8. Water bill
9. Consumer gas bill
10. Your bank account statement
PROOF OF DATE OF BIRTH
1. Birth certificate
2. Domicile certificate that is government-issued
3. Passport
4. Driving license
5. Aadhaar Card
What Documents are required for PAN card?
INDIVIDUALS
Proof of identity, such the Aadhaar, Passport, Voter’s ID card or a driving license
HINDU UNDIVIDED FAMILY
An affidavit of the Hindu undivided family along with the proof of identity
A COMPANY
Certificate of Registration that has been issued by the Registrar of Firms or Limited Liability Partnerships and Partnership Deed
A TRUST
A copy of the Trust Deed or a copy of the Certificate of Registration Number issued by a Charity Commissioner
A SOCIETY
A copy of the Certificate of Registration Number issued by Registrar of Co-operative Society or Charity Commissioner
FOREIGN NATIONALS
Copies of their passport, Proof of Identity, Overseas Citizen of India proof issued by the Indian Government, a bank statement from their country and an NRE bank statement.
Structure of PAN
- The PAN (or PAN number) is a ten-character long alpha-numeric unique identifier.
- The PAN structure is as follows: AAAPL1234C:
- The first five characters are letters (in uppercase by default), followed by four numerals, and the last (tenth) character is a letter.
- The first three characters of the code are three letters forming a sequence of alphabets letters from AAA to ZZZ