How to get a PAN card yourself!
How to get a PAN card yourself!
Permanent Account Number (PAN), the ten-digit alphanumeric number, issued in the form of a laminated card, by the Income Tax Department, is mandatory on return of income and all correspondence with any income tax authority.
It is also compulsory to quote PAN in all documents pertaining to financial transactions notified from time-to-time by the Central Board of Direct Taxes. Some such transactions are sale and purchase of immovable property or motor vehicle or payments in cash, of amounts exceeding `25,000/-to hotels and restaurants or in connection with travel to any foreign country. It is also mandatory to mention PAN for obtaining a telephone or cellular telephone connection. Likewise, PAN has to be mentioned for making a time deposit exceeding ` 50,000/- with a Bank or Post Office or depositing cash of `50,000/- or more in a Bank.
“All existing assesses or taxpayers or persons who are required to furnish a return of income, even on behalf of others, must obtain PAN. Any person, who intends to enter into financial transaction where quoting PAN is mandatory, must also obtain PAN. The Assessing Officer may allot PAN to any person either on his own or on a specific request from such person. Also, obtaining or possessing more than one PAN is against the law,” says Rangam Jayaram, a former IRS officer.
In order to improve PAN related services, the Income Tax department has authorised UTI Investor Services Ltd (UTIISL) to set up and manage IT PAN Service Centres in all cities or towns where there is an Income Tax office and National Securities Depository Limited (NSDL) to dispense PAN services from TIN Facilitation Centres. For convenience of PAN applicants in big cities, UTIISL has set up more than one IT PAN Service Centre and likewise there are more than one TIN Facilitation Centres.
How to apply for a PAN
PAN application should be made only on Form 49A. A PAN application (Form 49A) can be downloaded from the website of Income Tax department or UTIISL or NSDL (www.incometaxindia.gov.in,www.utiisl.co.in or tin.nsdl.com) or printed by local printers or photocopied (on A4 size 70 GSM paper) or obtained from any other source. The form is also available at IT PAN Service centres and TIN Facilitation centres.
Application for fresh allotment of PAN can be made through Internet. Further, requests for changes or correction in PAN data or request for new PAN card (for an existing PAN) may also be made through Internet. For more details visit (www.tin-nsdl.com)
Finding PAN service centre
Location of IT PAN Service Centres or TIN Facilitation Centres in any city may be obtained from local Income Tax Office or any office of UTI/UTIISL or NSDL in that city or from websites of the Income Tax department (www.incometaxindia.gov.in) or UTIISL(www.utiisl.co.in) or NSDL (http://tin.nsdl.com)
Documents required
- Individual applicants will have to affix one recent, coloured photograph (Stamp Size: 3.5 cms x 2.5 cms) on Form 49A;
- Any one document listed in Rule 114 must be supplied as proof of ‘Identity’ and ‘Address’; and
- Designation and code of the concerned Assessing Officer of Income Tax department will have to be mentioned in Form 49A.
- Copy of school leaving certificate or matriculation certificate or degree of a recognized educational institution or depository account or credit card or bank account or water bill or ration card or property tax assessment order or passport or voter identity card or driving license or certificate of identity signed by a MP or a Municipal Councillor or a Gazetted Officer;
You could visit the official Web sites of the Income Tax department or UTI Investor Services Ltd or National Securities Depository Limited.
Download the PAN application (Form 49A) from any of these sites.
2. Don't forget the photograph!
You will need a recent colour photograph (stamp size: 3.5 cm x 2.5 cm) to attach on the form.
3. Some additional information
You must mention the designation and code of the concerned Assessing Officer of the Income Tax department in Form 49A. You can get this from the IT PAN service centres mentioned in the Web sites listed above.
4. Documents for proof of identity and residence
5. Submit the form
Fill in the application form and submit it in at any of the IT PAN service centres or TIN facilitation centres along with a fee of Rs 65. The location of such centres is listed at the above mentioned Web sites.
Within a month, a flashy credit card style PAN card will be couriered by UTIISL to the mailing address mentioned in your application.
Do's and don'ts when completing the PAN application
1. No PIN, no PAN
The address you mention in your PAN application should carry the correct PIN code of the place. If you forget this, your application will be rejected.
2. No initials please
You need to mention your full name (that means your surname and the middle name). Using initials could get your application rejected.
3. Married? Please use your maiden name
Women are supposed to enter their father's name in the application form, regardless of their marital status.
4. Proper documents
All the documents asked for must be provided. Else, your application will be rejected.
~ On receipt of the PAN
The moment you get your card, verify it.
Check the name mentioned in the card immediately. Is the spelling right?
Also, look at the number (your PAN is alpha-numeric, which means it is composed of both alphabets and numbers). The fifth character of your PAN must be the first alphabet of your last name (for example, if your last name is Shah, the fifth character of your PAN must be S).
~ Not yet received the PAN? Lost it?
Wallet got stolen along with your card? Misplaced the card? The tax department says they have dispatched it but you haven't got it yet?
Don't fret. You can get a duplicate.
In every city, there is a central office in the Income Tax Department in charge of allotting these numbers.
Approach that cell. You can start by contacting the public relations officer of the Income Tax Department and asking for the address of the PAN cell.
If you say you have not got it and they claim they have dispatched it, you will need to sign an affidavit saying you have not received it before they provide you with a duplicate PAN Card.
Has your PAN been lost or stolen? You will need to make a police complaint. Get a copy of the First Information Report. You will need it to process the request for a duplicate PAN card.
You can also request changes in the PAN data or request a duplicate PAN card through the Internet.
For more details, please visit the NSDL site.
~ What if you shift cities?
Assume you made the PAN application in one place, say New Delhi, and then got transferred on business to another city, say Bangalore.
Since you applied for your card while you were in New Delhi, the official letter saying you have been allotted a PAN will be sent by the Income Tax Department to your New Delhi address.
But you will be filing your returns in Bangalore. So send a letter to the PAN Cell, Bangalore, and let them know you have already applied for the PAN at New Delhi but you will now be assessed at Bangalore.
Attach a photocopy of your application to your letter and request that you be alloted the number in Bangalore.
You must inform your assessing officer about any changes in the name, address or nature of the business on the basis of which the PAN was allotted.
A word of caution before signing off.
Be careful to use the PAN correctly. Do not misspell it and make sure you write your number correctly. The penalty that could be imposed on such defaults are pretty stiff and could cost you upto Rs 10,000.
“Permanent Account Number, as the name suggests, is a permanent number and does not change during lifetime of PAN holder.
Changing the address or city, though, may change the Assessing Officer. Such changes must, therefore, be intimated to nearest IT PAN Service Centre or TIN Facilitation Centre for required correction in PAN databases of the Income Tax department,” says Jayaram.
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