The income tax department wants to reduce the manual work regarding e-filing and to reduce the tax evasion. As per the notification issued by the IT department, linking of Aadhaar Card with the PAN is compulsory for every assessee. The last date of linking Aadhaar card with PAN is 31st Aug, 2017. Link PAN Card … Read more
Sometime you find difficulty to find your PAN number i.e forget your PAN number, lost PAN number and want to know PAN online by one click. So you can do this only by entering your date of birth, last name and mobile number. It is a service itself provided by income tax department officially. Here … Read more
Most readers of this website ask us that are they liable to apply PAN? In which transactions PAN is mandatory? As there are lots of confusion over PAN. So we sum up here complete detail about PAN that who are required to apply PAN and in which transaction you should provide PAN while making that … Read more
PAN should be quoted in all the documents related to income tax like income tax return, income tax Challan, correspondence, documents related to income tax. PAN is very important number/card/document for assessee as it is an identity of the person in the eyes of the income tax department. Here you can find is PAN is … Read more
As you all know PAN is mandatory for all the assessee. It has lots of benefits having PAN. But don’t apply new PAN if you have already PAN, it attacks penalty. Some readers ask us that they lost their PAN. So we advise to our readers first check your PAN by visiting the page of … Read more
Now you all know PAN and AADHAR Is mandatory for all Government communication and work. Here are some of the transactions where PAN is mandatory even there is not tax involvement. You can not avoid PAN if you want to do the following transaction. Sl. No. Transaction Required of PAN card 1 Purchase / sale … Read more
There may be instances where there might be a slight error in the PAN CARD. It may be spelling mistake, Date of Birth wrongly written etc. However, there is nothing to worry as it is very simple to correct and get new PAN card within a week. Important Note: W.e.f. 1-7-2017, a person desiring to … Read more
Many a times, a person gets into a tough situation when a PAN Card is lost. The loss of PAN Card can be due to negligence of a person or due to some unavoidable factors such as theft. Under such circumstance, the first requirement is file an FIR at the nearest Police Station and obtain … Read more
Q.1) What is PAN? PAN stands for Permanent Account Number. PAN is a ten-digit unique alphanumeric number issued by the Income Tax Department. PAN is issued in the form of a laminated plastic card (commonly known as PAN card). Given below is an illustrative PAN: ALWPG5809L More about PAN Card – Check Here Q.2) What … Read more
Income Tax Department has launched a new facility called Instant e-PAN. This facility is free of cost for instant allotment of e-PAN and is available only for a limited period on first come first service basis. It is good opportunity for the persons who have not PAN card. They can get benefit of this free … Read more
Form 49A is an application form to apply PAN for residents in India. You can download the form 49A, print form 49A, fill form 49A and submit it to the nearest TIN facilitation center along with required documents and photographs. You can also submit the required documents online. Here we will discuss how to download … Read more
As you all know that PAN is required for large banking transactions, property transactions, loans, TDS/TCS transactions and for other various income and expense payments. But you require PAN card immediately to quote on various transactions then there is problem for us. As if you are going to apply new PAN today, you have to wait … Read more
In simple words PAN card is an identity in the eyes of Income Tax Department. It contains all necessary information which Income Tax Department needs. In this article we will cover all aspects of PAN like what is PAN, How to apply, Who is liable to apply etc. Please ask if you have any queries … Read more
Updated: Last Date for Linking of Aadhar Card with PAN has been extended up to 31-03-2019 – Check Here The Government of India has extended the deadline to link PAN card and Aadhaar Card to bank accounts. The new deadline for existing bank accounts holders is 31st March 2018. For users who have recently opened … Read more
Income tax department has started a mission to deactivate the PAN cards of the people, as according to law one person could hold one PAN only. Sometimes one person may hold more than one PAN. Recent Update on 5-8-2017: Over 11 Lakh PAN Deactivated – Check Your PAN Activated or Not Here The income tax … Read more
When you apply for PAN card, you get acknowledgement receipt. The acknowledgment receipt has acknowledgment number. The acknowledgement number will help you to track your PAN application status. You can check or track your PAN card status with this acknowledgment number easily. PAN card status here means to check your application status for approval, rejection … Read more