Get your PAN card to secure a permanent tax and identity number.
The Permanent Account Number (PAN) is a 10-character alphanumeric code issued by India’s Income Tax Department. It acts as a unique identifier for individuals and entities, enabling the government to track and manage all income tax-related activities.
Although obtaining a PAN is voluntary for most, it becomes compulsory for specific financial transactions exceeding prescribed limits. Businesses, too, must apply for a PAN within 30 days of incorporation or formation.
For opening a savings or current bank account, all individuals and business owners are required to submit KYC documents, with the PAN card being a mandatory and key component of this verification process.
Including a Permanent Account Number (PAN) is compulsory while filing Income Tax Returns (ITR) for individuals and businesses alike. The PAN links all submitted data, facilitating faster assessment and processing by the Income Tax Department.
A PAN card serves as a universally recognized identity proof for individuals and businesses alike. It is a key requirement for opening bank accounts and completing various government registrations.
Any person required to deduct or collect tax at source must provide both their own PAN and the PAN of the deductee. Including the PAN ensures that the tax credit is accurately attributed to the correct account.
The government requires quoting of PAN for certain high-value transactions, such as property transfers, substantial bank deposits, large bill payments, and other financial dealings, to promote transparency and accurate tax tracking.
Copy of Aadhar Card or other address proof, in case of individual
Two passport size photograph, in case of individual
Information of at least two witnesses along with the address proof and PAN
ID proof and Address proof of any of the parent
CoI in case of company and LLP
Agreement in case of LLP and Partnership Firm
Call us at: 9414883452 or Email us : contact@submitreturn.com
For unique identification, a specified structure of 10 digit code is provided
Alphabetical series from AAA to ZZZ
Informs about status of assessee
Fifth character of assessee’s last name
Sequential numbers from 0001 to 9999
Numeric check digit generated automatically
Call us at: 9414883452 or Email us : contact@submitreturn.com
Here’s what keeps us going strong.
Get permanent identity with PAN registration
