PAN card serves as a proof of identity for various tasks like opening a bank a/c, filing tax returns or making large financial transactions. Read this guide by H&R Block to find out how to apply for PAN card.
PAN Card has become an identity card that is getting the most recognition recently. The IT Department has enabled people to apply for PAN Card online through the NSDL and UTITSL website or the offline mode. If you are familiar with the online tactics and more comfortable applying for it, the online mode is the most convenient mode for you. You can also apply for the PAN card by going the traditional way, that is submitting the physical form to the relevant authorities.
The PAN application process for an individual is given below:
[ Read: Check PAN Card Status Online ]
If you want to apply for PAN card in the offline mode, you have to make sure that you don’t make any mistakes and that all the required information is properly and accurately filled in. If you miss out on any information and your application is incomplete, the department may not furnish the card to you.
The procedure of applying for PAN card in offline mode is given below:
Step 1: Download Form 49A, Print and Fill the form
Step 2: Submit the application form
Submit the duly filled application form along with the application fees either through demand draft or cash of INR Rs 110/- ( Proceeding fee Rs 93 + GST @ 18%) to the UTITSL PAN service centre. The Fees will be INR Rs. 1020/-, [(Application fee Rs 93 + Dispatch charges Rs 771)+ GST @ 18%] in case of NRI.
You will receive your PAN card at your address within 15 to 20 days. In case the department requires more information, you will be contacted by email or letter to furnish the same.
Submission of some key documents are necessary along with the PAN card application form (viz. Form 49A for Indian citizens or Form 49AA for foreigners) for offline mode or with the acknowledgement form, if you are applying online, for the verification process. However, the documents required hugely depend on the type of applicant. The list of documents required for obtaining a PAN card is given below:
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You can have only one PAN card throughout your life. There might come a time where you are required to surrender your card owing to certain reasons such as having more than one PAN card or you are leaving the country and won’t be paying taxes making the card useless.
To surrender the PAN card, you can write a letter to the Assessing officer of your jurisdiction, stating the reason for the same.
PAN card is a very important proof these days which can be used in various places for different reasons. If you don’t own a PAN card, we suggest you apply for one immediately. It is a very vital document, especially for taxpayers.
[ Read: How to Surrender PAN Card ]
The fees charged for applying for a PAN card is nominal and varies depending on the type of application filed with the IT Department. Also, fees for the new application and for changes or reprint of the card is different. However, the fees applicable for NRI and foreign applicants are higher as compared to Indian citizens. The fees charged to the Non-Indian citizens are high because it includes dispatching the fresh PAN cards to their foreign residential address and thus postal handling charges are added in the initial fees.