Tax Finance Info: Use of PAN

Showing posts with label Use of PAN. Show all posts

Know Your PAN - Permanent Account Number - incometaxindiaefiling.gov.in

<div dir="ltr" style="text-align: left;" trbidi="on">
<h3 style="text-align: center;">
Know Your PAN - Permanent Account Number - incometaxindiaefiling.gov.in</h3>
<div style="text-align: justify;">
This article is all about to Know Your PAN i.e. Permanent Account Number. Starting from the what is PAN, how it is important document for income tax purpose etc... To file Income Tax Return on incometaxindiaefiling.gov.in you should obtain the PAN. You may find all the necessary details given below. </div>
<br />
<div class="separator" style="clear: both; text-align: center;">
<img border="0" height="175" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg14SwG1XtkLDn-6UKSynYoTD4oFXIOliQi3aGgnvIzYvZrBU4FTUWct5E6NJWJ9LA5bdxf1T8UG0s6WTtZHx_HBgILxo2gbyftrIMc1-e_ZofvJA_o_w6GSlRyZ-tVdrPRQZEF2Mv1Vc1b/s1600/Screenshot_3.jpg" width="320" /></div>
<br />
<div style="text-align: center;">
<span style="font-size: x-large;"><b><u>Know Your PAN</u></b></span></div>
<br />
<div class="MsoNormal" style="text-align: justify;">
<span lang="EN-US"><span style="font-size: 12px; line-height: 13.800000190734863px;">                  </span><b style="line-height: 115%;"><a href="http://www.taxfinanceinfo.com/2013/11/know-your-pan-pan-card-status-pan-card.html"><span style="color: red;">PAN</span></a></b><span style="line-height: 115%;"> is known as </span><b style="line-height: 115%;"><a href="http://www.taxfinanceinfo.com/2013/11/know-your-pan-pan-card-status-pan-card.html" target=""><span style="color: red;">Permanent Account Number</span></a></b><span style="line-height: 115%;">, which is the identity proof of the “Person” with the tax
department in tax related matters. </span><b style="line-height: 115%;">PAN</b><span style="line-height: 115%;"> is a ten – digit number (including
alphabetic & numeric both) issued by the income tax department under the
supervision of the </span><b style="line-height: 115%;">CBDT (Central Board for Direct Tax)</b><span style="line-height: 115%;"> to the person who
applies for </span><b style="line-height: 115%;">PAN</b><span style="line-height: 115%;">. It is in the form of a laminated card Income tax website </span><b style="line-height: 115%;">incometaxindiaefiling.gov.in</b><span style="line-height: 115%;">. The number on the PAN
card is included both alphabetic & numeric numbering which gives the
complete information about the PAN card holder. For e.g., </span><b style="line-height: 115%;"><u>ARNPS8302D</u></b><span style="line-height: 115%;"> Here,<o:p></o:p></span></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span lang="EN-US" style="line-height: 115%; mso-bidi-font-size: 14.0pt;"><br /></span></div>
<div class="MsoListParagraphCxSpFirst" style="mso-list: l1 level1 lfo2; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US" style="font-family: Wingdings; line-height: 115%; mso-bidi-font-family: Wingdings; mso-bidi-font-size: 14.0pt; mso-fareast-font-family: Wingdings;">  ü<span style="font-family: 'Times New Roman'; font-size: 7pt; line-height: normal;">  </span></span><span lang="EN-US" style="line-height: 115%; mso-bidi-font-size: 14.0pt;">The First three
characters <i><u>“ARN”</u></i> are showing
the alphabetic running series from AAA to ZZZ.<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l1 level1 lfo2; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US" style="font-family: Wingdings; line-height: 115%; mso-bidi-font-family: Wingdings; mso-bidi-font-size: 14.0pt; mso-fareast-font-family: Wingdings;">  ü<span style="font-family: 'Times New Roman'; font-size: 7pt; line-height: normal;">  </span></span><span lang="EN-US" style="line-height: 115%; mso-bidi-font-size: 14.0pt;">The fourth
character <i><u>“P”</u></i> is showing the
status of the PAN holder. I.e.,<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l1 level1 lfo2; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US" style="line-height: 115%; mso-bidi-font-size: 14.0pt;"><br /></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 54.0pt; mso-add-space: auto; mso-list: l2 level1 lfo1; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US" style="line-height: 115%; mso-ascii-font-family: Calibri; mso-bidi-font-family: Calibri; mso-bidi-font-size: 14.0pt; mso-fareast-font-family: Calibri; mso-hansi-font-family: Calibri;">-<span style="font-size: 7pt; line-height: normal;">         
</span></span><span lang="EN-US" style="line-height: 115%; mso-bidi-font-size: 14.0pt;">For the individual, the alphabetic number “P” is used.<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 54.0pt; mso-add-space: auto; mso-list: l2 level1 lfo1; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US" style="line-height: 115%; mso-ascii-font-family: Calibri; mso-bidi-font-family: Calibri; mso-bidi-font-size: 14.0pt; mso-fareast-font-family: Calibri; mso-hansi-font-family: Calibri;">-<span style="font-size: 7pt; line-height: normal;">         
</span></span><span lang="EN-US" style="line-height: 115%; mso-bidi-font-size: 14.0pt;">For the firm, “F” is used.<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 54.0pt; mso-add-space: auto; mso-list: l2 level1 lfo1; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US" style="line-height: 115%; mso-ascii-font-family: Calibri; mso-bidi-font-family: Calibri; mso-bidi-font-size: 14.0pt; mso-fareast-font-family: Calibri; mso-hansi-font-family: Calibri;">-<span style="font-size: 7pt; line-height: normal;">         
</span></span><span lang="EN-US" style="line-height: 115%; mso-bidi-font-size: 14.0pt;">For the company, “C” is used.<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 54.0pt; mso-add-space: auto; mso-list: l2 level1 lfo1; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US" style="line-height: 115%; mso-ascii-font-family: Calibri; mso-bidi-font-family: Calibri; mso-bidi-font-size: 14.0pt; mso-fareast-font-family: Calibri; mso-hansi-font-family: Calibri;">-<span style="font-size: 7pt; line-height: normal;">         
</span></span><span lang="EN-US" style="line-height: 115%; mso-bidi-font-size: 14.0pt;">For the HUF, “H” is used.<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 54.0pt; mso-add-space: auto; mso-list: l2 level1 lfo1; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US" style="line-height: 115%; mso-ascii-font-family: Calibri; mso-bidi-font-family: Calibri; mso-bidi-font-size: 14.0pt; mso-fareast-font-family: Calibri; mso-hansi-font-family: Calibri;">-<span style="font-size: 7pt; line-height: normal;">         
</span></span><span lang="EN-US" style="line-height: 115%; mso-bidi-font-size: 14.0pt;">For the AOP, “A” is used.<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 54.0pt; mso-add-space: auto; mso-list: l2 level1 lfo1; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US" style="line-height: 115%; mso-ascii-font-family: Calibri; mso-bidi-font-family: Calibri; mso-bidi-font-size: 14.0pt; mso-fareast-font-family: Calibri; mso-hansi-font-family: Calibri;">-<span style="font-size: 7pt; line-height: normal;">         
</span></span><span lang="EN-US" style="line-height: 115%; mso-bidi-font-size: 14.0pt;">For the trust, “T” is used.<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 54.0pt; mso-add-space: auto; mso-list: l2 level1 lfo1; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US" style="line-height: 115%; mso-bidi-font-size: 14.0pt;"><br /></span></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l3 level1 lfo3; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US" style="font-family: Wingdings; line-height: 115%; mso-bidi-font-family: Wingdings; mso-bidi-font-size: 14.0pt; mso-fareast-font-family: Wingdings;">  ü<span style="font-family: 'Times New Roman'; font-size: 7pt; line-height: normal;">  </span></span><span lang="EN-US" style="line-height: 115%; mso-bidi-font-size: 14.0pt;">The fifth
character <i><u>“S”</u></i> shows the first
digit of the PAN holders’ last name or surname.<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l3 level1 lfo3; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US" style="font-family: Wingdings; line-height: 115%; mso-bidi-font-family: Wingdings; mso-bidi-font-size: 14.0pt; mso-fareast-font-family: Wingdings;">  ü<span style="font-family: 'Times New Roman'; font-size: 7pt; line-height: normal;">  </span></span><span lang="EN-US" style="line-height: 115%; mso-bidi-font-size: 14.0pt;">Then after the
four numeric numbers <i><u>“8302”</u></i>
are the sequential number running from 0001 to 9999.<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpLast" style="mso-list: l3 level1 lfo3; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US" style="font-family: Wingdings; line-height: 115%; mso-bidi-font-family: Wingdings; mso-bidi-font-size: 14.0pt; mso-fareast-font-family: Wingdings;">  ü<span style="font-family: 'Times New Roman'; font-size: 7pt; line-height: normal;">  </span></span><span lang="EN-US" style="line-height: 115%; mso-bidi-font-size: 14.0pt;">The last
character <i><u>“D”</u></i> is a check digit
number of the PAN holder about his\her tax transactions.<o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<br />
<div align="center">
<table border="0" cellpadding="0" cellspacing="0" class="MsoNormalTable" style="border-collapse: collapse; margin-left: -1.15pt; mso-padding-alt: 0cm 5.4pt 0cm 5.4pt; mso-yfti-tbllook: 1184; width: 552px;">
 <tbody>
<tr style="height: 21.0pt; mso-yfti-firstrow: yes; mso-yfti-irow: 0;">
  <td nowrap="" style="background: white; border-bottom: none; border-left: solid windowtext 1.0pt; border-right: none; border-top: solid windowtext 1.0pt; height: 21.0pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 38.0pt;" valign="bottom" width="51"><div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<br /></div>
</td>
  <td nowrap="" style="background: white; border-bottom: none; border-left: none; border-right: solid windowtext 1.0pt; border-top: solid windowtext 1.0pt; height: 21.0pt; mso-border-right-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 376.0pt;" valign="bottom" width="501"><div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<br /></div>
</td>
 </tr>
<tr style="height: 21.0pt; mso-yfti-irow: 1;">
  <td nowrap="" style="background: white; border-left: solid windowtext 1.0pt; border: none; height: 21.0pt; mso-border-left-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 38.0pt;" valign="bottom" width="51"><div align="center" class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: center;">
<u><span style="color: red; font-size: 16.0pt; mso-ascii-font-family: Calibri; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN; mso-hansi-font-family: Calibri;"><a href="http://www.taxfinanceinfo.com/2013/11/income-tax-efiling-return.html"><span style="color: red;">View</span></a><o:p></o:p></span></u></div>
</td>
  <td nowrap="" style="background: white; border-right: solid windowtext 1.0pt; border: none; height: 21.0pt; mso-border-right-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 376.0pt;" valign="bottom" width="501"><div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-size: 16pt;">Income
  Tax E-filing Return<o:p></o:p></span></div>
</td>
 </tr>
<tr style="height: 21.0pt; mso-yfti-irow: 2;">
  <td nowrap="" style="background: white; border-left: solid windowtext 1.0pt; border: none; height: 21.0pt; mso-border-left-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 38.0pt;" valign="bottom" width="51"><div align="center" class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: center;">
<br /></div>
</td>
  <td nowrap="" style="background: white; border-right: solid windowtext 1.0pt; border: none; height: 21.0pt; mso-border-right-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 376.0pt;" valign="bottom" width="501"><div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<br /></div>
</td>
 </tr>
<tr style="height: 21.0pt; mso-yfti-irow: 3;">
  <td nowrap="" style="background: white; border-left: solid windowtext 1.0pt; border: none; height: 21.0pt; mso-border-left-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 38.0pt;" valign="bottom" width="51"><div align="center" class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: center;">
<u><span style="color: red; font-size: 16.0pt; mso-ascii-font-family: Calibri; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN; mso-hansi-font-family: Calibri;"><a href="http://www.taxfinanceinfo.com/2013/11/process-of-filing-rectification-return.html"><span style="color: red;">View</span></a><o:p></o:p></span></u></div>
</td>
  <td nowrap="" style="background: white; border-right: solid windowtext 1.0pt; border: none; height: 21.0pt; mso-border-right-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 376.0pt;" valign="bottom" width="501"><div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-size: 16pt;">Process
  of Filing Rectification Return<o:p></o:p></span></div>
</td>
 </tr>
<tr style="height: 21.0pt; mso-yfti-irow: 4;">
  <td nowrap="" style="background: white; border-left: solid windowtext 1.0pt; border: none; height: 21.0pt; mso-border-left-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 38.0pt;" valign="bottom" width="51"><div align="center" class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: center;">
<br /></div>
</td>
  <td nowrap="" style="background: white; border-right: solid windowtext 1.0pt; border: none; height: 21.0pt; mso-border-right-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 376.0pt;" valign="bottom" width="501"><div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<br /></div>
</td>
 </tr>
<tr style="height: 21.0pt; mso-yfti-irow: 5;">
  <td nowrap="" style="background: white; border-left: solid windowtext 1.0pt; border: none; height: 21.0pt; mso-border-left-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 38.0pt;" valign="bottom" width="51"><div align="center" class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: center;">
<u><span style="color: red; font-size: 16.0pt; mso-ascii-font-family: Calibri; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN; mso-hansi-font-family: Calibri;"><a href="http://www.taxfinanceinfo.com/2013/11/common-errors-in-filing-rectification.html"><span style="color: red;">View</span></a><o:p></o:p></span></u></div>
</td>
  <td nowrap="" style="background: white; border-right: solid windowtext 1.0pt; border: none; height: 21.0pt; mso-border-right-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 376.0pt;" valign="bottom" width="501"><div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-size: 16pt;">Common
  Errors in Filing Rectification Return<o:p></o:p></span></div>
</td>
 </tr>
<tr style="height: 21.0pt; mso-yfti-irow: 6;">
  <td nowrap="" style="background: white; border-left: solid windowtext 1.0pt; border: none; height: 21.0pt; mso-border-left-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 38.0pt;" valign="bottom" width="51"><div align="center" class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: center;">
<br /></div>
</td>
  <td nowrap="" style="background: white; border-right: solid windowtext 1.0pt; border: none; height: 21.0pt; mso-border-right-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 376.0pt;" valign="bottom" width="501"><div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<br /></div>
</td>
 </tr>
<tr style="height: 21.0pt; mso-yfti-irow: 7;">
  <td nowrap="" style="background: white; border-left: solid windowtext 1.0pt; border: none; height: 21.0pt; mso-border-left-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 38.0pt;" valign="bottom" width="51"><div align="center" class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: center;">
<u><span style="color: red; font-size: 16.0pt; mso-ascii-font-family: Calibri; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN; mso-hansi-font-family: Calibri;"><a href="http://www.taxfinanceinfo.com/2013/11/common-mistakes-in-e-filling-of-income.html"><span style="color: red;">View</span></a><o:p></o:p></span></u></div>
</td>
  <td nowrap="" style="background: white; border-right: solid windowtext 1.0pt; border: none; height: 21.0pt; mso-border-right-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 376.0pt;" valign="bottom" width="501"><div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-size: 16pt;">Common
  Mistakes in E-filling of Income Tax Return (ITR)<o:p></o:p></span></div>
</td>
 </tr>
<tr style="height: 21.0pt; mso-yfti-irow: 8; mso-yfti-lastrow: yes;">
  <td nowrap="" style="background: white; border-bottom: solid windowtext 1.0pt; border-left: solid windowtext 1.0pt; border-right: none; border-top: none; height: 21.0pt; mso-border-bottom-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 38.0pt;" valign="bottom" width="51"><div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<br /></div>
</td>
  <td nowrap="" style="background: white; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 21.0pt; mso-border-bottom-alt: solid windowtext .5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 376.0pt;" valign="bottom" width="501"><div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<br /></div>
</td>
 </tr>
</tbody></table>
</div>
<br /></div>
<div class="MsoListParagraph" style="mso-list: l4 level1 lfo4; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US" style="font-family: Wingdings; line-height: 115%; mso-bidi-font-family: Wingdings; mso-bidi-font-size: 14.0pt; mso-fareast-font-family: Wingdings;">  <span style="font-size: large;"><b>Ø<span style="font-family: 'Times New Roman'; line-height: normal;">  </span></b></span></span><span lang="EN-US" style="line-height: 115%; mso-bidi-font-size: 14.0pt;"><span style="font-size: large;"><b>Legal framework
of the PAN :-</b></span><o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify; text-indent: 18.0pt;">
<span lang="EN-US" style="line-height: 115%; mso-bidi-font-size: 14.0pt;"><br /></span></div>
<div class="MsoNormal" style="text-align: justify; text-indent: 18.0pt;">
<span lang="EN-US" style="line-height: 115%; mso-bidi-font-size: 14.0pt;">Rule 114 of
section 139A of income tax act, 1961 creates the legal framework for a person
in which manner he/she can apply for PAN. If a person fails to comply the
provisions of section 139A of income tax act, a penalty of Rs. 10000/- is to be
paid to the assessing officer.<o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoListParagraph" style="mso-list: l4 level1 lfo4; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US" style="font-family: Wingdings; line-height: 115%; mso-bidi-font-family: Wingdings; mso-bidi-font-size: 14.0pt; mso-fareast-font-family: Wingdings;">  <span style="font-size: large;"><b>Ø<span style="font-family: 'Times New Roman'; line-height: normal;">  </span></b></span></span><span lang="EN-US" style="line-height: 115%; mso-bidi-font-size: 14.0pt;"><span style="font-size: large;"><b>Why is it
necessary to have a PAN? :-</b></span><o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify; text-indent: 18.0pt;">
<span lang="EN-US" style="line-height: 115%; mso-bidi-font-size: 14.0pt;"><br /></span></div>
<div class="MsoNormal" style="text-align: justify; text-indent: 18.0pt;">
<span lang="EN-US" style="line-height: 115%; mso-bidi-font-size: 14.0pt;">Income tax authorities
have to make compulsory to quote PAN on the return of income in case of
correspondence with the tax authority from 1<sup>st</sup> January, 2005. It is
also made compulsory by the tax authority to show the PAN in the following manner:<o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify; text-indent: 18.0pt;">
<span lang="EN-US" style="line-height: 115%; mso-bidi-font-size: 14.0pt;"><br /></span></div>
<div class="MsoListParagraphCxSpFirst" style="mso-list: l0 level1 lfo5; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US" style="line-height: 115%; mso-bidi-font-family: Calibri; mso-bidi-font-size: 14.0pt; mso-bidi-theme-font: minor-latin;">      a)<span style="font-size: 7pt; line-height: normal;">      </span></span><span lang="EN-US" style="line-height: 115%; mso-bidi-font-size: 14.0pt;">A sale or
purchase of any immovable property worth Rs. Five lakh or more,<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l0 level1 lfo5; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US" style="line-height: 115%; mso-bidi-font-family: Calibri; mso-bidi-font-size: 14.0pt; mso-bidi-theme-font: minor-latin;">      b)<span style="font-size: 7pt; line-height: normal;">      </span></span><span lang="EN-US" style="line-height: 115%; mso-bidi-font-size: 14.0pt;">A sale or
purchase of any motor vehicle, but it does not include two wheeled vehicles,<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l0 level1 lfo5; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US" style="line-height: 115%; mso-bidi-font-family: Calibri; mso-bidi-font-size: 14.0pt; mso-bidi-theme-font: minor-latin;">      c)<span style="font-size: 7pt; line-height: normal;">       </span></span><span lang="EN-US" style="line-height: 115%; mso-bidi-font-size: 14.0pt;">Cash payment for the
purchase of bank drafts or pay orders whose aggregate amount are more than
fifty thousand rupees during any one day,<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l0 level1 lfo5; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US" style="line-height: 115%; mso-bidi-font-family: Calibri; mso-bidi-font-size: 14.0pt; mso-bidi-theme-font: minor-latin;">      d)<span style="font-size: 7pt; line-height: normal;">      </span></span><span lang="EN-US" style="line-height: 115%; mso-bidi-font-size: 14.0pt;">Bills payment of
hotels and restaurants for any amounts exceeding twenty five thousand at any
one time,<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l0 level1 lfo5; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US" style="line-height: 115%; mso-bidi-font-family: Calibri; mso-bidi-font-size: 14.0pt; mso-bidi-theme-font: minor-latin;">      e)<span style="font-size: 7pt; line-height: normal;">      </span></span><span lang="EN-US" style="line-height: 115%; mso-bidi-font-size: 14.0pt;">Open a bank
account,<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l0 level1 lfo5; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US" style="line-height: 115%; mso-bidi-font-family: Calibri; mso-bidi-font-size: 14.0pt; mso-bidi-theme-font: minor-latin;">      f)<span style="font-size: 7pt; line-height: normal;">       </span></span><span lang="EN-US" style="line-height: 115%; mso-bidi-font-size: 14.0pt;">For sale or
purchase of securities and its value of it exceeds one lakh rupees,<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpLast" style="mso-list: l0 level1 lfo5; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US" style="line-height: 115%; mso-bidi-font-family: Calibri; mso-bidi-font-size: 14.0pt; mso-bidi-theme-font: minor-latin;">      g)<span style="font-size: 7pt; line-height: normal;">      </span></span><span lang="EN-US" style="line-height: 115%; mso-bidi-font-size: 14.0pt;">A deposit in any
banking company or with post office, saving bank exceeding fifty thousand
rupees.<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpLast" style="mso-list: l0 level1 lfo5; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US" style="line-height: 115%; mso-bidi-font-size: 14.0pt;"><br /></span></div>
<br />
<div class="MsoNormal" style="margin-left: 18.0pt; text-align: justify; text-indent: 18.0pt;">
<span lang="EN-US" style="line-height: 115%; mso-bidi-font-size: 14.0pt;">When
a taxpayer makes a payment of taxes or has monetary transaction at any place of
India, a unique all India taxpayer identification number is essential for
linking and processing transaction on computers and also for date matching.
Therefore a new series of PAN was devised.<o:p></o:p></span></div>
<br />
<br />
<div style="text-align: center;">
<span style="font-size: x-large;"><b><u>How to apply for PAN...</u></b></span></div>
<br />
<div align="center" class="MsoNormal" style="text-align: center;">
<span lang="EN-US">There
are two modes for applying PAN card-<o:p></o:p></span></div>
<div align="center" class="MsoNormal" style="text-align: center;">
<span lang="EN-US"><br /></span></div>
<div align="center" class="MsoNormal" style="text-align: center;">
<span lang="EN-US" style="font-size: large;"><b>1 -
<a href="http://www.taxfinanceinfo.com/2013/11/how-to-apply-pan-application-online.html" target="_blank"><span style="color: red;">Online mode</span></a><o:p></o:p></b></span></div>
<div align="center" class="MsoNormal" style="text-align: center;">
<span lang="EN-US" style="font-size: large;"><b><br /></b></span></div>
<div align="center" class="MsoNormal" style="text-align: center;">
<span lang="EN-US"><span style="font-size: large;"><b>2 -
Offline mode</b></span><o:p></o:p></span></div>
<div align="center" class="MsoNormal" style="text-align: center;">
<span lang="EN-US"><br /></span></div>
<div class="MsoNormal" style="text-align: justify; text-indent: 36.0pt;">
<span lang="EN-US">Now-a-days, it is mandatory for every individual Indian citizen to
have a PAN card for making any tax related transaction. So, here a procedure is
given for applying PAN card:<o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify; text-indent: 36.0pt;">
<span lang="EN-US"><br /></span></div>
<div class="MsoListParagraphCxSpFirst" style="mso-list: l6 level1 lfo2; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US" style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;"> v<span style="font-family: 'Times New Roman'; font-size: 7pt;"> 
</span></span><span lang="EN-US">For online application, the applicant
has to go to the website www.incometaxindia.gov.in
or www.utiisl.co.in or www.tin.nsdl.com.<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpFirst" style="mso-list: l6 level1 lfo2; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US"><br /></span></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l6 level1 lfo2; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US" style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;"> v<span style="font-family: 'Times New Roman'; font-size: 7pt;"> 
</span></span><span lang="EN-US">Then after filled the form no.
49A if the person is Indian citizen or filled the form no. 49AA if the person
is from another country.<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l6 level1 lfo2; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US"><br /></span></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l6 level1 lfo2; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US" style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;"> v<span style="font-family: 'Times New Roman'; font-size: 7pt;"> 
</span></span><span lang="EN-US">In the above two forms the
applicants should have to fill the correct information about his full name,
permanent address, city, category, status etc.<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l6 level1 lfo2; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US"><br /></span></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l6 level1 lfo2; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US" style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;"> v<span style="font-family: 'Times New Roman'; font-size: 7pt;"> 
</span></span><span lang="EN-US">After filling all the correct
details, the person has to pay fees of Rs. 96 by choosing any of the following
mode  –<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 72.0pt; mso-add-space: auto; mso-list: l5 level1 lfo3; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US">-<span style="font-size: 7pt;">         
</span></span><span lang="EN-US">Demand draft<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 72.0pt; mso-add-space: auto; mso-list: l5 level1 lfo3; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US">-<span style="font-size: 7pt;">         
</span></span><span lang="EN-US">Cheques<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 72.0pt; mso-add-space: auto; mso-list: l5 level1 lfo3; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US">-<span style="font-size: 7pt;">         
</span></span><span lang="EN-US">Credit card/ debit card<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 72.0pt; mso-add-space: auto; mso-list: l5 level1 lfo3; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US">-<span style="font-size: 7pt;">         
</span></span><span lang="EN-US">Net banking<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 72.0pt; mso-add-space: auto; mso-list: l5 level1 lfo3; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US"><br /></span></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l6 level1 lfo2; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US" style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;"> v<span style="font-family: 'Times New Roman'; font-size: 7pt;"> 
</span></span><span lang="EN-US">If the fees are paid by the
credit card/debit card, the extra charge of rs. 5 have to pay by the person.<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l6 level1 lfo2; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US"><br /></span></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l6 level1 lfo2; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US" style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;"> v<span style="font-family: 'Times New Roman'; font-size: 7pt;"> 
</span></span><span lang="EN-US">If the person is an individual,
then before submit his application, he/she has to upload his color photograph
of size 3.5 cm * 2.5 cm and upload his/her signature in the blank paper.<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l6 level1 lfo2; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US"><br /></span></div>
<div class="MsoListParagraphCxSpLast" style="mso-list: l6 level1 lfo2; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US" style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;"> v<span style="font-family: 'Times New Roman'; font-size: 7pt;"> 
</span></span><span lang="EN-US">After verifying the application
form, click on the submit button to submit application for PAN.<o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoListParagraphCxSpFirst" style="text-align: left; text-indent: -18pt;">
<span style="font-size: large;"><span lang="EN-US" style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;"> Ø<span style="font-family: 'Times New Roman';"> 
</span></span></span><b><span lang="EN-US"><span style="font-size: large;">Requirement of documents to apply for PAN card with application form
:- <a href="http://www.taxfinanceinfo.com/2014/02/pan-card-new-proof-new-form-and.html"><span style="color: red;">AMENDMENT IN DOCUMENTS</span></a></span><o:p></o:p></span></b></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l8 level1 lfo1; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US"><br /></span></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l8 level1 lfo1; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US">          -<span style="font-size: 7pt;">         
</span></span><u><span lang="EN-US">Processing fees of rs. 105<o:p></o:p></span></u></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l8 level1 lfo1; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US"><br /></span></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l8 level1 lfo1; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US">          -<span style="font-size: 7pt;">         <a href="http://www.taxfinanceinfo.com/2014/02/pan-card-new-proof-new-form-and.html"><span style="color: red;">
</span></a></span></span><u><span lang="EN-US"><a href="http://www.taxfinanceinfo.com/2014/02/pan-card-new-proof-new-form-and.html"><span style="color: red;">Identity proof</span></a> </span></u><span lang="EN-US">: e.g.,<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 72.0pt; mso-add-space: auto; mso-list: l1 level1 lfo5; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US">a)<span style="font-size: 7pt;">     
</span></span><span lang="EN-US">Voters identity card<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 72.0pt; mso-add-space: auto; mso-list: l1 level1 lfo5; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US">b)<span style="font-size: 7pt;">     
</span></span><span lang="EN-US">Driving license<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 72.0pt; mso-add-space: auto; mso-list: l1 level1 lfo5; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US">c)<span style="font-size: 7pt;">      
</span></span><span lang="EN-US">Passport<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 72.0pt; mso-add-space: auto; mso-list: l1 level1 lfo5; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US">d)<span style="font-size: 7pt;">     
</span></span><span lang="EN-US">Matriculation certificate<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 72.0pt; mso-add-space: auto; mso-list: l1 level1 lfo5; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US">e)<span style="font-size: 7pt;">     
</span></span><span lang="EN-US">School leaving certificate<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 72.0pt; mso-add-space: auto; mso-list: l1 level1 lfo5; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US">f)<span style="font-size: 7pt;">      
</span></span><span lang="EN-US">Degree of recognized education
institution<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 72.0pt; mso-add-space: auto; mso-list: l1 level1 lfo5; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US">g)<span style="font-size: 7pt;">     
</span></span><span lang="EN-US">Bank account statement<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 72.0pt; mso-add-space: auto; mso-list: l1 level1 lfo5; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US">h)<span style="font-size: 7pt;">     
</span></span><span lang="EN-US">Depository account statement<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 72.0pt; mso-add-space: auto; mso-list: l1 level1 lfo5; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US">i)<span style="font-size: 7pt;">       
</span></span><span lang="EN-US">Water bills<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 72.0pt; mso-add-space: auto; mso-list: l1 level1 lfo5; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US">j)<span style="font-size: 7pt;">       
</span></span><span lang="EN-US">Property tax assessment order,
etc.<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 72.0pt; mso-add-space: auto; mso-list: l1 level1 lfo5; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US"><br /></span></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l8 level1 lfo1; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US">          -<span style="font-size: 7pt;">         
</span></span><u><span lang="EN-US" style="color: red;"><a href="http://www.taxfinanceinfo.com/2014/02/pan-card-new-proof-new-form-and.html"><span style="color: red;">Address proof</span></a></span></u><span lang="EN-US"><a href="http://www.taxfinanceinfo.com/2014/02/pan-card-new-proof-new-form-and.html"><span style="color: red;"> </span></a>: e.g.,<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 72.0pt; mso-add-space: auto; mso-list: l3 level1 lfo6; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US">a)<span style="font-size: 7pt;">     
</span></span><span lang="EN-US">Voter identity card<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 72.0pt; mso-add-space: auto; mso-list: l3 level1 lfo6; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US">b)<span style="font-size: 7pt;">     
</span></span><span lang="EN-US">Driving license<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 72.0pt; mso-add-space: auto; mso-list: l3 level1 lfo6; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US">c)<span style="font-size: 7pt;">      
</span></span><span lang="EN-US">Passport<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 72.0pt; mso-add-space: auto; mso-list: l3 level1 lfo6; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US">d)<span style="font-size: 7pt;">     
</span></span><span lang="EN-US">Bank account statement<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 72.0pt; mso-add-space: auto; mso-list: l3 level1 lfo6; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US">e)<span style="font-size: 7pt;">     
</span></span><span lang="EN-US">Credit card/debit card<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 72.0pt; mso-add-space: auto; mso-list: l3 level1 lfo6; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US">f)<span style="font-size: 7pt;">      
</span></span><span lang="EN-US">Ration card<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 72.0pt; mso-add-space: auto; mso-list: l3 level1 lfo6; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US">g)<span style="font-size: 7pt;">     
</span></span><span lang="EN-US">Telephone bill<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 72.0pt; mso-add-space: auto; mso-list: l3 level1 lfo6; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US">h)<span style="font-size: 7pt;">     
</span></span><span lang="EN-US">Employer certificate<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 72.0pt; mso-add-space: auto; mso-list: l3 level1 lfo6; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US">i)<span style="font-size: 7pt;">       
</span></span><span lang="EN-US">Electricity bill<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 72.0pt; mso-add-space: auto; mso-list: l3 level1 lfo6; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US">j)<span style="font-size: 7pt;">       
</span></span><span lang="EN-US">Property tax assessment of
order<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 72.0pt; mso-add-space: auto; mso-list: l3 level1 lfo6; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US"><br /></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span lang="EN-US">             When the above
mentioned points are completed, the application is accepted of the applicant.
He/she obtains a laminated PAN card within 60 days.</span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span lang="EN-US" style="font-family: Wingdings; text-indent: -18pt;"><br /></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: left;">
<span style="font-size: large;"><b><span lang="EN-US" style="font-family: Wingdings; text-indent: -18pt;">Ø<span style="font-family: 'Times New Roman';">  </span></span><span style="text-indent: -18pt;"><span lang="EN-US">Application for duplicate
PAN :</span></span></b></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 72.0pt; mso-add-space: auto; text-align: justify;">
<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span lang="EN-US">                If the original
PAN card of the person is lost or damaged, he/she can apply for the duplicate
PAN card and also make changes in it. The procedure for applying the duplicate
PAN card is as follows:<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span lang="EN-US">Fill          : - first step
is to fill the application form (composite service form)<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span lang="EN-US">Pay         : - make payment of
fees online<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span lang="EN-US">Sign        : - download the prefilled
application form<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span lang="EN-US">Affix       : - affixing the
photo & signature in the prefilled application form<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span lang="EN-US">Attach    : - attach all the supporting documents which are given as
under<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<span lang="EN-US">Send      : - sending the
signed application along with supporting documents by post or courier to the
address given in the welcome mail.<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 72.0pt; mso-add-space: auto; mso-list: l7 level1 lfo8; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US">-<span style="font-size: 7pt;">         
</span></span><span lang="EN-US">List of supporting documents to
be submitted with the application form –<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 108.0pt; mso-add-space: auto; mso-list: l4 level1 lfo9; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US">a)<span style="font-size: 7pt;">     
</span></span><span lang="EN-US">Proof of PAN (copy of damaged
or lost card)<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 108.0pt; mso-add-space: auto; mso-list: l4 level1 lfo9; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US">b)<span style="font-size: 7pt;">     
</span></span><span lang="EN-US">Proof of identity<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 108.0pt; mso-add-space: auto; mso-list: l4 level1 lfo9; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US">c)<span style="font-size: 7pt;">      
</span></span><span lang="EN-US">Proof of address<o:p></o:p></span></div>
<br />
<div class="MsoListParagraphCxSpLast" style="margin-left: 108.0pt; mso-add-space: auto; mso-list: l4 level1 lfo9; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US">d)<span style="font-size: 7pt;">     
</span></span><span lang="EN-US">Proof in support of changes
required (if any)<o:p></o:p></span></div>
<br />
<br />
<div style="text-align: center;">
<span style="color: red; font-size: x-large;"><b><u><a href="http://www.taxfinanceinfo.com/2013/11/use-of-pan-know-your-pan-status-pan.html"><span style="color: red;">Uses of PAN</span></a>...</u></b></span></div>
<br />
<div class="MsoListParagraphCxSpFirst" style="text-align: justify; text-indent: 36.0pt;">
<span lang="EN-US">PAN card is a permanent account number which is issued by the income
tax authority for <a href="http://www.taxfinanceinfo.com/2013/11/use-of-pan-know-your-pan-status-pan.html"><span style="color: red;">various purposes</span></a>. The different uses of PAN card are as follows:-<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpFirst" style="text-align: justify; text-indent: 36.0pt;">
<span lang="EN-US"><br /></span></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l1 level1 lfo1; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US" style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">      ·<span style="font-family: 'Times New Roman'; font-size: 7pt;">        
</span></span><span lang="EN-US">The main use of PAN number is
to prevent the tax evasion. For that purpose section 139A of income tax act,
1961 is lays down.<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l1 level1 lfo1; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US"><br /></span></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l1 level1 lfo1; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US" style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">      ·<span style="font-family: 'Times New Roman'; font-size: 7pt;">        
</span></span><span lang="EN-US">It can be used as an identity
proof of the person.<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l1 level1 lfo1; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US"><br /></span></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l1 level1 lfo1; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US" style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">      ·<span style="font-family: 'Times New Roman'; font-size: 7pt;">        
</span></span><span lang="EN-US">While opening a bank account or
carrying out any financial transactions, a PAN card is required as an identity
proof.<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l1 level1 lfo1; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US"><br /></span></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l1 level1 lfo1; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US" style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">      ·<span style="font-family: 'Times New Roman'; font-size: 7pt;">        
</span></span><span lang="EN-US">PAN number is the same as nine
digit social security number (SSN) which is issued in the United States of
America to their people.<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l1 level1 lfo1; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US"><br /></span></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l1 level1 lfo1; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US" style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">      ·<span style="font-family: 'Times New Roman'; font-size: 7pt;">        
</span></span><span lang="EN-US">The PAN card number is used in
every financial transaction of money transfer.<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l1 level1 lfo1; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US"><br /></span></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l1 level1 lfo1; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US" style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">      ·<span style="font-family: 'Times New Roman'; font-size: 7pt;">        
</span></span><span lang="EN-US">It is also useful for the
income tax department to keep all the records of the person in tax related
matters and prevent the tax evasion.<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l1 level1 lfo1; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US"><br /></span></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l1 level1 lfo1; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US" style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">      ·<span style="font-family: 'Times New Roman'; font-size: 7pt;">        
</span></span><span lang="EN-US">A PAN card is mandatorily used
in the following transactions –<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l1 level1 lfo1; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US"><br /></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 72.0pt; mso-add-space: auto; mso-list: l2 level1 lfo2; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US">-<span style="font-size: 7pt;">         
</span></span><span lang="EN-US">Applying for a credit card<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 72.0pt; mso-add-space: auto; mso-list: l2 level1 lfo2; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US">-<span style="font-size: 7pt;">         
</span></span><span lang="EN-US">Paying bills exceeding rs. 25000
or more in hotels<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 72.0pt; mso-add-space: auto; mso-list: l2 level1 lfo2; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US">-<span style="font-size: 7pt;">         
</span></span><span lang="EN-US">For filling income tax return<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 72.0pt; mso-add-space: auto; mso-list: l2 level1 lfo2; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US">-<span style="font-size: 7pt;">         
</span></span><span lang="EN-US">Opening a bank account<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 72.0pt; mso-add-space: auto; mso-list: l2 level1 lfo2; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US">-<span style="font-size: 7pt;">         
</span></span><span lang="EN-US">Taking a loan from a bank<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 72.0pt; mso-add-space: auto; mso-list: l2 level1 lfo2; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US">-<span style="font-size: 7pt;">         
</span></span><span lang="EN-US">Purchase of vehicles<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 72.0pt; mso-add-space: auto; mso-list: l2 level1 lfo2; text-align: justify; text-indent: -18.0pt;">
<span lang="EN-US">-<span style="font-size: 7pt;">         
</span></span><span lang="EN-US">Getting a job, etc.<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 72.0pt; mso-add-space: auto; text-align: justify;">
<br /></div>
<span style="font-size: large;"><b><span lang="EN-US" style="font-family: Wingdings; text-indent: -18pt;">Ø<span style="font-family: 'Times New Roman';">  </span></span><span style="text-indent: -18pt;"><span lang="EN-US">Other important points about <a href="http://www.taxfinanceinfo.com/2014/02/know-your-pan-permanent-accout-number-incometaxindiaefiling.gov.in.html"><span style="color: red;">PAN card</span></a> :</span></span></b></span><br />
<br />
<span style="text-align: justify; text-indent: 24px;">The PAN card number is useful in the above mentioned transactions, but there is certain transaction in which the requirement of filling the PAN card numbers is not necessary if the form no. 60 or form no. 61 is filled with it. Non-resident-Indians can fill the form no 60 instead of or due to non having PAN number and it is not mandatory to have PAN number. But having a PAN card number is beneficial for them.      </span><br />
<span style="text-align: justify; text-indent: 24px;"><br /></span>
</div>

Know Your PAN - Permanent Account Number - incometaxindiaefiling.gov.in

Know Your PAN - Permanent Account Number - incometaxindiaefiling.gov.in This article is all about to Know Your PAN i.e. Permanent Accoun...

+ Read more »

Use of PAN | Know Your PAN Status | PAN Details - tin-nsdl.com

<div dir="ltr" style="text-align: left;" trbidi="on">
<div align="center" class="MsoNormal" style="text-align: center;">
<span style="font-size: large;"><span style="line-height: 18px;"><b>Use of Permanent Account Number | Know Your PAN Status | PAN Details - tin-nsdl.com</b></span></span></div>
<div align="center" class="MsoNormal" style="text-align: center;">
<span style="background-color: white; line-height: 115%;"><o:p><br /></o:p></span></div>
<div class="separator" style="clear: both; text-align: center;">
<a href="http://www.taxfinanceinfo.com/2014/02/know-your-pan-permanent-accout-number-incometaxindiaefiling.gov.in.html" target="_blank"><img alt="" border="0" height="196" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi9KG5BxAOvl9137AK66ppo_ntVQGDgZokGCOGX2MCvq9JZ966XJuhcUYPkuY1Y145IRC1xyWyEOw_7DlJ2pCN0mwA4haJKjtBChaddOhhP5evdpnz4QT91E4hLmAvaIFieggTgCWlojwu9/s1600/Use+of+PAN.jpg" title="Use of PAN | Know Your PAN Status | PAN Details - tin-nsdl.com" width="320" /></a></div>
<div align="center" class="MsoNormal" style="text-align: center;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
The <a href="http://www.taxfinanceinfo.com/2014/02/know-your-pan-permanent-accout-number-incometaxindiaefiling.gov.in.html" target="_blank"><span style="color: red;">Permanent Account Number</span></a> issued by
the Indian Income Tax department. It is acceptable nationally.  Let’s have a look at its number of uses:<o:p></o:p><br />
<br />
<div align="center">

<table border="0" cellpadding="0" cellspacing="0" class="MsoNormalTable" style="border-collapse: collapse; margin-left: -1.15pt; mso-padding-alt: 0cm 5.4pt 0cm 5.4pt; mso-yfti-tbllook: 1184; width: 552px;">
 <tbody>
<tr style="height: 21.0pt; mso-yfti-firstrow: yes; mso-yfti-irow: 0;">
  <td nowrap="" style="background: white; border-bottom: none; border-left: solid windowtext 1.0pt; border-right: none; border-top: solid windowtext 1.0pt; height: 21.0pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 38.0pt;" valign="bottom" width="51">
  <div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<br /></div>
</td>
  <td nowrap="" style="background: white; border-bottom: none; border-left: none; border-right: solid windowtext 1.0pt; border-top: solid windowtext 1.0pt; height: 21.0pt; mso-border-right-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 376.0pt;" valign="bottom" width="501">
  <div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<br /></div>
</td>
 </tr>
<tr style="height: 21.0pt; mso-yfti-irow: 1;">
  <td nowrap="" style="background: white; border-left: solid windowtext 1.0pt; border: none; height: 21.0pt; mso-border-left-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 38.0pt;" valign="bottom" width="51">
  <div align="center" class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: center;">
<u><span style="color: red; font-size: 16.0pt; mso-ascii-font-family: Calibri; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN; mso-hansi-font-family: Calibri;"><a href="http://www.taxfinanceinfo.com/2013/11/income-tax-efiling-return.html"><span style="color: red;">View</span></a><o:p></o:p></span></u></div>
</td>
  <td nowrap="" style="background: white; border-right: solid windowtext 1.0pt; border: none; height: 21.0pt; mso-border-right-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 376.0pt;" valign="bottom" width="501">
  <div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-size: 16pt;">Income
  Tax E-filing Return<o:p></o:p></span></div>
</td>
 </tr>
<tr style="height: 21.0pt; mso-yfti-irow: 2;">
  <td nowrap="" style="background: white; border-left: solid windowtext 1.0pt; border: none; height: 21.0pt; mso-border-left-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 38.0pt;" valign="bottom" width="51">
  <div align="center" class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: center;">
<br /></div>
</td>
  <td nowrap="" style="background: white; border-right: solid windowtext 1.0pt; border: none; height: 21.0pt; mso-border-right-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 376.0pt;" valign="bottom" width="501">
  <div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<br /></div>
</td>
 </tr>
<tr style="height: 21.0pt; mso-yfti-irow: 3;">
  <td nowrap="" style="background: white; border-left: solid windowtext 1.0pt; border: none; height: 21.0pt; mso-border-left-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 38.0pt;" valign="bottom" width="51">
  <div align="center" class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: center;">
<u><span style="color: red; font-size: 16.0pt; mso-ascii-font-family: Calibri; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN; mso-hansi-font-family: Calibri;"><a href="http://www.taxfinanceinfo.com/2013/11/process-of-filing-rectification-return.html"><span style="color: red;">View</span></a><o:p></o:p></span></u></div>
</td>
  <td nowrap="" style="background: white; border-right: solid windowtext 1.0pt; border: none; height: 21.0pt; mso-border-right-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 376.0pt;" valign="bottom" width="501">
  <div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-size: 16pt;">Process
  of Filing Rectification Return<o:p></o:p></span></div>
</td>
 </tr>
<tr style="height: 21.0pt; mso-yfti-irow: 4;">
  <td nowrap="" style="background: white; border-left: solid windowtext 1.0pt; border: none; height: 21.0pt; mso-border-left-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 38.0pt;" valign="bottom" width="51">
  <div align="center" class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: center;">
<br /></div>
</td>
  <td nowrap="" style="background: white; border-right: solid windowtext 1.0pt; border: none; height: 21.0pt; mso-border-right-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 376.0pt;" valign="bottom" width="501">
  <div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<br /></div>
</td>
 </tr>
<tr style="height: 21.0pt; mso-yfti-irow: 5;">
  <td nowrap="" style="background: white; border-left: solid windowtext 1.0pt; border: none; height: 21.0pt; mso-border-left-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 38.0pt;" valign="bottom" width="51">
  <div align="center" class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: center;">
<u><span style="color: red; font-size: 16.0pt; mso-ascii-font-family: Calibri; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN; mso-hansi-font-family: Calibri;"><a href="http://www.taxfinanceinfo.com/2013/11/common-errors-in-filing-rectification.html"><span style="color: red;">View</span></a><o:p></o:p></span></u></div>
</td>
  <td nowrap="" style="background: white; border-right: solid windowtext 1.0pt; border: none; height: 21.0pt; mso-border-right-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 376.0pt;" valign="bottom" width="501">
  <div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-size: 16pt;">Common
  Errors in Filing Rectification Return<o:p></o:p></span></div>
</td>
 </tr>
<tr style="height: 21.0pt; mso-yfti-irow: 6;">
  <td nowrap="" style="background: white; border-left: solid windowtext 1.0pt; border: none; height: 21.0pt; mso-border-left-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 38.0pt;" valign="bottom" width="51">
  <div align="center" class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: center;">
<br /></div>
</td>
  <td nowrap="" style="background: white; border-right: solid windowtext 1.0pt; border: none; height: 21.0pt; mso-border-right-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 376.0pt;" valign="bottom" width="501">
  <div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<br /></div>
</td>
 </tr>
<tr style="height: 21.0pt; mso-yfti-irow: 7;">
  <td nowrap="" style="background: white; border-left: solid windowtext 1.0pt; border: none; height: 21.0pt; mso-border-left-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 38.0pt;" valign="bottom" width="51">
  <div align="center" class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: center;">
<u><span style="color: red; font-size: 16.0pt; mso-ascii-font-family: Calibri; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN; mso-hansi-font-family: Calibri;"><a href="http://www.taxfinanceinfo.com/2013/11/common-mistakes-in-e-filling-of-income.html"><span style="color: red;">View</span></a><o:p></o:p></span></u></div>
</td>
  <td nowrap="" style="background: white; border-right: solid windowtext 1.0pt; border: none; height: 21.0pt; mso-border-right-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 376.0pt;" valign="bottom" width="501">
  <div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-size: 16pt;">Common
  Mistakes in E-filling of Income Tax Return (ITR)<o:p></o:p></span></div>
</td>
 </tr>
<tr style="height: 21.0pt; mso-yfti-irow: 8; mso-yfti-lastrow: yes;">
  <td nowrap="" style="background: white; border-bottom: solid windowtext 1.0pt; border-left: solid windowtext 1.0pt; border-right: none; border-top: none; height: 21.0pt; mso-border-bottom-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 38.0pt;" valign="bottom" width="51">
  <div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<br /></div>
</td>
  <td nowrap="" style="background: white; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 21.0pt; mso-border-bottom-alt: solid windowtext .5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 376.0pt;" valign="bottom" width="501">
  <div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<br /></div>
</td>
 </tr>
</tbody></table>
</div>
</div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoListParagraphCxSpFirst" style="margin-left: .25in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<span style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;">§<span style="font-family: 'Times New Roman'; font-size: 7pt;"> 
</span></span>Used as an Identity while filing income tax
return and while paying the tax thereon.<o:p></o:p></div>
<div class="MsoListParagraphCxSpFirst" style="margin-left: .25in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: .25in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<span style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;">§<span style="font-family: 'Times New Roman'; font-size: 7pt;"> 
</span></span>Now a day’s asked by every financial
institution for opening an Account with them. For example PAN card is required
to open an account with bank.<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: .25in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: .25in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<span style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;">§<span style="font-family: 'Times New Roman'; font-size: 7pt;"> 
</span></span>Depositing an amount exceeding Rs.50,000 with
the Bank. <o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: .25in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: .25in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<span style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;">§<span style="font-family: 'Times New Roman'; font-size: 7pt;"> 
</span></span>Opening a fixed deposit exceeding Rs. 50,000,
as the bank has to deduct TDS @ 10% on the basis of Pan but if the same is not
provided the TDS will be deducted @ 20%.<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: .25in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: .25in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<span style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;">§<span style="font-family: 'Times New Roman'; font-size: 7pt;"> 
</span></span>PAN card is to be provided for availing a
loan.<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: .25in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: .25in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<span style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;">§<span style="font-family: 'Times New Roman'; font-size: 7pt;"> 
</span></span>Required for installing a telephone.<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: .25in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: .25in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<span style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;">§<span style="font-family: 'Times New Roman'; font-size: 7pt;"> 
</span></span>Required to be submitted while paying bills of
hotels and restaurants exceeding Rs. 25,000.<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: .25in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: .25in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<span style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;">§<span style="font-family: 'Times New Roman'; font-size: 7pt;"> 
</span></span>For making application for availing credit
card.<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: .25in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: .25in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<span style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;">§<span style="font-family: 'Times New Roman'; font-size: 7pt;"> 
</span></span>Compulsory required while purchasing or
selling any immovable property the gain on which is taxable in India.<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: .25in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: .25in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<span style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;">§<span style="font-family: 'Times New Roman'; font-size: 7pt;"> 
</span></span>It is required to be submitted at the time of
purchasing any automobiles that require registration. It is not mandatory for
purchasing two wheelers, any vehicle running on fix rail in a factory or other
allied premises or any vehicle that has wheels less than 4 and an engine
capacity less than 25 cc.<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: .25in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: .25in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<span style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;">§<span style="font-family: 'Times New Roman'; font-size: 7pt;"> 
</span></span>PAN card is required to purchase shares or
debentures the amount of which exceeds Rs. 1,00,000.<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: .25in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: .25in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<span style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;">§<span style="font-family: 'Times New Roman'; font-size: 7pt;"> 
</span></span>It is also to be submitted for opening a D-mat
account.<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: .25in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: .25in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<span style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;">§<span style="font-family: 'Times New Roman'; font-size: 7pt;"> 
</span></span>A copy of <a href="http://www.taxfinanceinfo.com/2014/02/know-your-pan-permanent-accout-number-incometaxindiaefiling.gov.in.html" target="_blank"><span style="color: red;">PAN</span></a> card is required to be submitted
for purchase of jewelry of amount exceeding Rs.5,00,000. <o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: .25in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: .25in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<span style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;">§<span style="font-family: 'Times New Roman'; font-size: 7pt;"> 
</span></span>In case a cash payment is to be made to an
travel agent for a foreign trip for amount of Rs.25,000 or more as single
payment, then the entity has to produce the PAN card.<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: .25in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: .25in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<span style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;">§<span style="font-family: 'Times New Roman'; font-size: 7pt;"> 
</span></span>In case a NRI has an income taxable in India,
they also have to hold a PAN card.<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: .25in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: .25in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<span style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;">§<span style="font-family: 'Times New Roman'; font-size: 7pt;"> 
</span></span>An entity has to provide PAN card for any
transaction that a central government notifies for the time being in force. <o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: .25in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: .25in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<span style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;">§<span style="font-family: 'Times New Roman'; font-size: 7pt;"> 
</span></span>It is required to deposit an amount exceeding
Rs. 50,000 in Post Office saving account, but not mandatory in case of
purchasing Kisan Vikas Patra (KVP) or National Saving Certificates (NSC).<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: .25in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: .25in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<span style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;">§<span style="font-family: 'Times New Roman'; font-size: 7pt;"> 
</span></span>Required for purchasing any debentures, bonds,
mutual fund units exceeding the amount of Rs. 50,000. It also applies in case
of purchasing RBI Bonds or debentures of amount exceeding Rs. 50,000.<o:p></o:p></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: .25in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: .25in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<span style="font-family: Wingdings; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;">§<span style="font-family: 'Times New Roman'; font-size: 7pt;"> 
</span></span>IT is required for the guardian in the hands
of whom the income of minor is taxable.<o:p></o:p></div>
<div class="MsoListParagraphCxSpLast" style="margin-left: .25in; mso-add-space: auto; text-align: justify;">
<br /></div>
</div>

Use of PAN | Know Your PAN Status | PAN Details - tin-nsdl.com

Use of Permanent Account Number | Know Your PAN Status | PAN Details - tin-nsdl.com The Permanent Account Number issued by the In...

+ Read more »