PAN Card – What is PAN, Eligibility, How to Enrol & Download PAN
PAN (Permanent Account Number) is an identification number assigned to all taxpayers in India.
PAN is an electronic system through which, all tax related information for a person/company is recorded against a single PAN number. This acts as the primary key for storage of information and is shared across the country. Hence no two tax paying entities can have the same PAN.
PAN – Overview
Name Of Authority issuing PAN | Income Tax Department, Govt. of India |
PAN Customer Care Number | 020 – 27218080 |
Inception of PAN Card | 1972 |
Validity Of PAN Card | Life Time |
Cost of PAN Card | Rs. 110 |
Number Of Enrolments | 25 crore (approximate) |
Eligibility for PAN
PAN Card is issued to individuals, companies, non-resident Indians or anyone who pays taxes in India.
Types of PAN
- Individual
- HUF-Hindu undivided family
- Company
- Firms/Partnerships
- Trusts
- Society
- Foreigners
Documents for PAN
PAN requires two types of documents. Proof of address (POA) and Proof of Identity (POI). Any two of the following documents should meet the criteria
Individual Applicant | POI/ POA- Aadhaar, Passport, Voter ID, Driving Licence |
Hindu Undivided Family | An affidavit of the HUF issued by the head of HUF along with POI/POA details |
Company registered in India | Certificate of Registration issued by Registrar of Companies |
Firms/ Partnership (LLP) | Certificate of Registration issued by the Registrar of Firms/ Limited Liability Partnerships and Partnership Deed. |
Trust | Copy of Trust Deed or a copy of the Certificate of Registration Number issued by a Charity Commissioner. |
Society | Certificate of Registration Number from Registrar of Co-operative Society or Charity Commissioner |
Foreigners | Passport PIO/ OCI card issued by the Indian Government Bank statement of the residential country Copy of NRE bank statement in India |
The Cost of PAN
The cost of PAN card is Rs. 110 or Rs. 1,020 (approximately) if PAN card is to be dispatched outside India.
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