Form for PAN (Permanent Account Number)

Dear Friends

 

Click here to download PAN Form

The form has to be filled and signed in BLACK PEN only

 

For more information please visit http://www.bssridhar.com/index_files/pan.htm

 

regards

 

- Sridhar

 

PAN - FAQs - Part 1

What is a PAN ?

PAN (Permanent Account Number) is a Unique identification Number allotted to Income-tax Assessees by the Income-tax Department.

What are the uses of PAN ?

PAN is the sole Identity Number for Communicating with Income-tax Department. For every Income-tax Assessee , for filing his return of Income , PAN is required. Apart from the above , PAN is mandatory for making Income-tax , Advance Income-tax Payments. It is also necessary to quote the PAN in all the correspondences with the Income-tax Department. Apart from the above , now a days PAN Card is considered as a Identity Proof and has to be mandatoryly quoted in certain types of transactions (viz., ) Opening of Bank Account , Opening of Demat Account , Purchase of shares / Mutual Funds etc..,

Who has to obtain PAN ?

According to the Income-tax Act , any assessee whose Gross Total Income exceeds the amount of Income which is not chargeable to tax (Basic Exemption Limit) , which is Rs. 1,10,000/- at present (year 2007-08) is required to obtain PAN.