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PAN Registration

One can also file an application, for rectification in or updation of PAN details whenever needed or directed by any competent authority in case there is any change(s) in the PAN data of the Assesee, with Income Tax Authority. LegalRaj will help you to get New updated PAN Card which also helps to update other documents like Voter ID, Bank Account details, Adhaar (UIDAI) details, etc.

PAN is abbreviation of Permanent Account Number. It is a 10-Digit Alphanumeric Number issued by Income Tax Department to all Indian Citizens. PAN Card is issued to show the PAN wherever needed. PAN Card is universally accepted as a Valid ID proof across the Country e.g. to enter into legal agreements, to apply for Loans, to open Bank Account and so on. One can also file an application, for rectification in or updation of PAN details whenever needed or directed by any competent authority in case.

 PERMANENT ACCOUNT NUMBER (PAN)

 

Basic Details

 

PAN is abbreviation of Permanent Account Number. It is a 10-Digit Alphanumeric Number issued by Income Tax Department to all Indian Citizens. PAN Card is issued to show the PAN wherever needed. PAN Card is universally accepted as a Valid ID proof across the Country e.g. to enter into legal agreements, to apply for Loans, to open Bank Account and so on.

 

One can also file an application, for rectification in or updation of PAN details whenever needed or directed by any competent authority in case there is any change(s) in the PAN data of the Assesee, with Income Tax Authority. LegalRaj will help you to get New updated PAN Card which also helps to update other documents like Voter ID, Bank Account details, Adhaar (UIDAI) details, etc.

 

Expected Time: LegalRaj Expert can help you to obtain the Permanent Account Number (PAN) in 5 – 7 working days subject to processing time taken by the concerned Income Tax authorities and fulfillment of the prescribed valid documents by the client.

 

 

What are the advantages of PAN Registration ?

 

 

  1. PAN is a Valid Proof of Identity recognized everywhere across the Nation.

 

  1. PAN is very basic and inevitable document to legitimately carry on any (legal) business, to enter into a Financial Transactions, to import from or export to foreign nationals etc.

 

  1. It is inevitable document for obtaining the Insurance (Life or General).

 

  1. PAN is important for opening of DEMAT account for trading in stock market, real estate business or transactions, etc.

 

What is the process for Obtaining the PAN Card ?

 

 

Step 1: Receipt of inquiry from you

 

Step 2: You make Advance Payment

 

Step 3: You provide us with all the details and documents

 

Step 4: We start processing the documents and send you the PAN Application Acknowledgement number.

 

Step 5: You will receive the physical hard copy of your PAN at your registered (office) address by post from the NSDL or Income Tax Authorities.

 

The entire process for registration of Company will take at least 7 to 15 working days.

Documents


Passport Photo

Passport Photo of Individual


Shop Act License

Incase of Proprietary Firm


Aadhaar Card

Aadhaar Card of an individual


Registration Certificate

MOA & AOA in case of the Company


Registration Certificate

LLP Agreement in case of the Company


Letter of Authority

Incase of Company or LLP or any body corporate


Licence

Valid Driving Licence of all the parties.


Other Documents

Other documents will be intimated through e-mail.

FAQ

Any person who is citizen of India is eligible for obtaining the PAN Card. For minor, minor is printed on the PAN card and PAN Card is issued without photograph and signature. After becoming major one has to apply for change in PAN Data.

Usually it takes 5-7 days subject to receipt of the complete set of documents from applicant and the approval of the concerned Income Tax Department.

As per Income Tax Department, it may result in Interest, monetary penalties and Prosecution as the case may be. Monetary Penalty may vary from Rs.10,000 approximately or as per prescribed by Tax Department from time to time.

You can get it in smaller cost and effort of collecting your/business basic proofs.

A person cannot hold more than one PAN. A person is liable to be imposed a penalty of Rs. 10,000 under section 272B of the Income-tax Act, 1961 for holding more than one PAN. If a person has wrongfully allotted more than one PAN, then person should surrender the additional PAN.

A person can know his PAN online by providing his basic details like Name, Father's Name and Date of Birth. After knowing the PAN you can apply for duplicate PAN Card by submitting the “Request For New PAN Card And/ Or Changes Or Correction in PAN Data”.

Business PAN for Income Tax Purpose. PAN of Proprietor is required to be quoted onlyforhis Proprietorship business.