PAN (Permanent Account Number) number is a unique 10 – digit alpha numeric number which is allotted to every individual who applies for it. And the card which contains this unique number and identity details is called the PAN card. And this card helps identifying various taxpayers in the country. Once a PAN card is issued to an individual is valid for their lifetime as PAN remains unaltered even if you change your place of residence. The primary purpose of a PAN card is to have a universal identification to all financial transaction and to prevent tax evasion which also brings the transparency in the financial transactions. A PAN card is a must have document for anyone who intend to enter into economic and financial transaction. It is also mandatory to furnish income tax return. It is extremely is to apply for a PAN card, as the application for it can be made from the comfort of your home i.e. online through its official website. All you have to do is to procure Form 49 A and fill it properly, attach the required documents and submit it. How to check the PAN card status? Once applied, it takes 15 days for an individual to receive their PAN card. If an applicant wants they can also check the status of their application. The government provides three methods through which you can check the status of your application, all you need is an acknowledgement number which an applicant must have received at the time of applying for a PAN card.
2 Comments
3/13/2019 06:15:16 am
This information is really valuable. I have read various post regarding PAN card application but wasn't about the online process. After reading this guide, all my PAN application related queries are resolved.
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11/15/2021 05:20:23 am
Very delighted to come across this useful article. PAN is an electronic system through which, all tax related information for a person/company is recorded against a single PAN number. This acts as the primary key for storage of information and is shared across the country. Hence no two tax paying entities can have the same PAN. Since I have gone through your blog and found it informative, I would be glad if you visit my blog and share your valuable comments : https://bit.ly/3wUFuWD
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Rahul BhistFirst blog by the Bhist Archives
February 2018
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