Tuesday, December 27, 2005

Finance | Tax | PAN

PAN Related links

What is PAN?
Permanent Account Number (PAN) is a ten-digit alphanumeric number, issued in the form of a laminated card, by the Income Tax Department.
A typical PAN is AABPS1205E.
How to get the new PAN card?
The Unit Trust of India Investor Services Limited (UTI-ISL) has started despatching Income Tax Permanent Account Number (PAN) cards from Friday.
Getting the new PAN card
Application for PAN should be made in prescribed form (Form 49A) and submitted in any of the I-T PAN Service Centres set up and managed by UTIISL across the country.
I-T PAN Service Centres
From July 1, 2003, I-T PAN Service Centres have been set up in all cities or towns where I-T offices are located.
For further convenience of PAN applicants in major cities there will be more than one I-T PAN Service Centre.
Location and other details about I-T PAN Service Centres in any city can be obtained from local Income Tax Office or offices of UTI or UTIISL in that city or from Web site of the Income Tax department (http://http://www.incometaxindia.gov.in/) or of UTIISL (http://www.utiisl.co.in/).
These I-T PAN Service Centres shall supply and receive PAN applications on behalf of all Assessing Officers, assist PAN applicants to correctly fill up the applications, check documents to be submitted as proof of 'identity' and 'address' by the applicant and issue acknowledgment for correct and complete applications

Read More at http://www.rediff.com/money/2003/jul/11pan.htm

Remember PAN is required for transactions at various institutions, eg. for a deposit of Rs 50K and above cash, you have to give your PAN number, your credit card companies (atleast HSBC does) will ask you for PAN, your demat/share broker will ask you for a PAN.


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