Description
PAN is required while preparing and filing Income Tax Return.
PAN is required while preparing and filing Income Tax Return.
Description
What is PAN ?
Permanent Account Number (PAN) is a 10 digit alphanumeric identifier, issued by Income Tax Department. Each assessee (e.g. individual, firm, company etc.) is issued a unique PAN.
Documents required for PAN Application
- For PAN Registration:
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- Valid ID proof (Voter ID/Aadhar card/Driving License/Passport)
- Address proof (Electricity Bill/Aadhar card/Passport/Driving License)
- Photographs ( In case of individuals)
- Proof of Age ( Birth Certificate/Aadhar card/Passport/Driving License
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Who can apply for PAN?
All existing assessees or taxpayers or persons who are required to file a return of income, even on behalf of others, must have a PAN. Any person, who intends to enter into economic or financial transactions where quoting PAN is mandatory, must also have a PAN.
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