Call Us At +91 97118 01414
Call Us At +91 97118 01414
Permanent Account Number (PAN)
We provide comprehensive assistance for obtaining your Permanent Account Number (PAN), essential for various financial and tax-related activities in India.
Our Services Include:
Introduction
A Permanent Account Number (PAN) is a unique 10-character alphanumeric identifier issued by the Income Tax Department of India under Section 139A of the Income Tax Act, 1961. It serves as a universal identification key to track financial transactions and prevent tax evasion by linking all taxable activities of an individual or entity .
Who is Required to Obtain a PAN ?
Under Section 139A(1), the following persons are required to apply for a PAN:
Individuals whose total income exceeds the maximum amount not chargeable to income tax during any previous year.
Persons carrying on business or profession with total sales, turnover, or gross receipts exceeding ₹5 lakh in any previous year.
Persons required to furnish a return of income under Section 139(4A)
Employers required to furnish a return of fringe benefits under Section 115WD.
Residents (other than individuals) entering into financial transactions aggregating to ₹2.5 lakh or more in a financial year.
Key persons (e.g., managing director, partner, trustee) associated with the entities mentioned above.
Persons intending to enter into prescribed transactions as notified by the Central Board of Direct Taxes (CBDT) in the interest of revenue.
E-PAN (Electronic PAN) Application
The Instant e-PAN service is available to all Individual taxpayers, who have not been allotted a Permanent Account Number (PAN) but possess Aadhaar
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Format: Digital PDF sent via email.
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Processing Time: Instant to a few hours.
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Requirements: Aadhaar-linked mobile number for OTP verification
Fee* : No Fee
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Ideal For: Individuals seeking quick, Not Minor, paperless processing.
Physical PAN Card Application
A physical PAN Card is available to a wide range of individuals and entities in India. Essentially, anyone who is eligible for a PAN card can opt for a physical one
Format: Laminated card delivered by post.
Processing Time: Typically 10–15 working days.
Fee* : ₹91 (excluding GST) for Indian addresses; ₹862 (excluding GST) for foreign addresses.
Ideal For: Those requiring a physical card for verification purposes including Minor.
Combined e-PAN and Physical PAN Card Application
A PAN Card is available to a wide range of individuals and entities in India. Essentially, anyone who is eligible for a PAN card can opt for a physical one
Format: Receive both digital and physical copies.
Processing Time: Typically 10–15 working days.
Fee* : ₹91 (excluding GST) for Indian addresses; ₹862 (excluding GST) for foreign addresses.
Ideal For: Individuals desiring both formats for convenience. including Minor.
When Should You Apply for a PAN ?
It’s advisable to apply for a PAN:
Before filing your first Income Tax Return (ITR).
Prior to initiating any financial transactions that mandate PAN quoting.
When starting a business or professional practice.
Upon receiving income that is subject to Tax Deducted at Source (TDS).
Advantages of Possessing a PAN Card ?
Tax Compliance: Essential for filing ITRs and claiming tax refunds.
Financial Transactions: Mandatory for high-value transactions, including property deals and investments.
Identity Proof: Accepted as a valid identification document across various platforms.
Loan and Credit Facilities: Required when applying for loans or credit cards.
Business Operations: Necessary for business registration and obtaining licenses.
Documents Required for PAN Card Applications
Document Type | Purpose | Accepted Documents |
|---|---|---|
Proof of Identity | Identity Verification | Aadhaar Card, Voter ID, Passport, Driving License, Ration Card with Photo, Government-issued ID |
Proof of Address | Residential Address | Aadhaar Card, Passport, Driving License, Utility Bills (Electricity, Water, Gas), Bank Statement |
Proof of Date of Birth | Age Verification | Birth Certificate, Matriculation Certificate, Passport, Driving License, Aadhaar Card |
| Document Type | Purpose | Accepted Documents |
|---|---|---|
| Registration Proof | Identity & Address | Certificate of Registration issued by Registrar of Companies (ROC) |
Important Notes:
The Certificate of Incorporation issued by MCA contains the Company’s PAN and TAN details on the second page (in digitally signed format).
No need to file a separate PAN application for newly incorporated companies or LLPs.
However, if PAN is not generated due to a technical error or needs reissuance, then a manual application can be submitted using Form 49A.
| Document Type | Purpose | Accepted Documents |
|---|---|---|
| Registration Proof | Identity & Address | Partnership Deed or Certificate of Registration (if registered) |
| Document Type | Purpose | Accepted Documents |
|---|---|---|
| Registration Proof | Identity & Address | Certificate of Registration issued by Registrar of LLPs |
Important Notes:
The Certificate of Incorporation issued by MCA contains the Company’s PAN and TAN details on the second page (in digitally signed format).
No need to file a separate PAN application for newly incorporated companies or LLPs.
However, if PAN is not generated due to a technical error or needs reissuance, then a manual application can be submitted using Form 49A.
| Document Type | Purpose | Accepted Documents |
|---|---|---|
| Registration Proof | Identity & Address | Trust Deed or Certificate of Registration Number from Charity Commissioner |
| Document Type | Purpose | Accepted Documents |
|---|---|---|
| Proof of Identity | Identity Verification | Passport, OCI/PIO Card, National ID attested by Indian Embassy/Consulate |
| Proof of Address | Residential Address | Passport, Bank Account Statement (in or outside India), Residential Permit, Utility Bills |
FAQs on PAN Card
Is it mandatory to have a PAN card?
Yes, if you fall under the categories mentioned above or engage in specified financial transactions, obtaining a PAN is mandatory.
Can minors apply for a PAN card?
Yes, minors can apply for a PAN through their parents or legal guardians. The card will bear the minor’s details and the representative’s signature.
How long does it take to receive the PAN card?
Typically, it takes about 15 working days after the application is processed.
Can I apply for more than one PAN?
No, you cannot have more than one PAN number. Only one PAN is allotted to each individual or entity . Also, having more than one PAN card is a punishable offence. If you have two PAN numbers, you will have to pay a penalty of Rs. 10,000.
Is e-PAN valid for all financial transactions?
Yes, e-PAN is legally valid and accepted for all financial and tax-related activities in India.
Can I apply for both e-PAN and physical PAN?
Yes, during the application process, you can opt to receive both versions.
Can NRIs apply for a PAN ?
Yes, Non-Resident Indians can apply for a PAN by submitting Form 49AA along with the necessary documents.
I have a PAN but I have lost it. Can I get a new e-PAN through Aadhaar ?
No. This service can only be used if you do not have a PAN, but have a valid Aadhaar and your KYC details are updated.
I am not able to update my Date of Birth in my e-PAN. What should I do?
If only year of birth is available in your Aadhaar, you will have to update the date of birth in your Aadhaar and try again.
What are the pre-requisites for availing an instant e-PAN?
The pre-requisite for obtaining instant e-PAN are:
- Individual who has not been allotted a PAN
- Valid Aadhaar and mobile number linked to Aadhaar
- User not a minor as on date of request; and
- User not covered under the definition of Representative Assessee u/s 160 of the Income Tax Act.
Can foreign citizens apply for PAN through e-KYC mode?
No
*Fee refers to government or official portal charges.