What is PAN Card?

A permanent account number (PAN) is a ten-character identifier issued by Indian IT department to any individual.  A PAN is a unique identifier issued to all judicial entities identifiable under the Indian Income Tax Act, 1961. The income tax PAN and its linked card are issued by the Indian Income Tax Department under the supervision of the Central Board for Direct Taxes and it also serves as an important proof of identification.  Even foreigners (investors) are eligible to apply subject to a valid visa.  A PAN is necessary for filing income tax returns.  This is mandatory for all forms except Proprietary.  The PAN for each entity will be as below:

A:  PROPRIETORSHIP – INDIVIDUAL PAN.

Details to be furnished:

·        Name

·        Father’s Name

·        DOB

·        Residential Address

Documents:

·        Address Proof

·        ID Proof with DOB

B.  PARTNERSHIP:  SEPARATE PAN TO BE APPLIED.

Details to be furnished:

·        Name of the firm

·        List of partners

·        Address

·        Date of incorporation

Documents

·        Copies of the partnership registration certificate.

·        Address proof

C:  LLP:  SEPARATE PAN TO BE APPLIED.

Details and documents to be furnished:

·        Name of the firm

·        List of partners

·        Address

·        Date of incorporation

Documents

·        Copies of the LLP registration certificate

·        Address proof

D.  OPC/PVT LTD/LTD COMPANY:  SEPARATE PAN TO BE APPLIED.

Details to be furnished:

·        Name of the firm

·        List of partners

·        Address

·        Date of incorporation

Documents

·        Copies of OPC/Pvt Ltd/Ltd company registration certificate

·        Address proof

E.  SOCIETIES  SEPARATE PAN TO BE APPLIED.

Details and documents to be furnished:

·        Name of the Society

·        List of members

·        Address

·        Date of incorporation

Documents

·        Copies of the society registration certificate

·        Address proof

F:  TRUST:  SEPARATE PAN TO BE APPLIED.

Details to be furnished:

·        Name of the firm

·        List of partners

·        Address

·        Date of incorporation

Documents

·        Copies of the trust registration certificate.

·        Address proof

G:  APARTMENT ASSOCIATIONS:  SEPARATE PAN TO BE APPLIED.

Details to be furnished:

·        Name of the Association

·        List of members

·        Address

·        Date of incorporation

Documents

·        Copies of the association registration certificate.

·        Address proof

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